Jean Walsh-Josephson—Investment Fraud Involving Elderly Clients
Jean Walsh-Josephson Allegedly Stole $4 Million from Elderly Clients over Past Ten Years
Jean Walsh-Josephson, a longtime Oshkosh financial adviser for Thrivent Financial for Lutherans, allegedly stole $4 million from elderly clients over the past 10 years, according to a Wisconsin civil action dated April 21 currently under review by attorneys Jason Kane and Joe Peiffer.
Walsh-Josephson, who is looking at more than 20 criminal charges of forgery, theft and resisting an officer in Winnebago and Outagamie counties, and also had her insurance license taken away, according to the aforementioned state civil action.
The Peiffer Wolf Carr & Kane securities lawyers are currently investigating Jean Walsh-Josephson’s alleged theft of $4 million from elderly clients.
Jean Walsh-Josephson Ordered to Pay More than $1,500,000 in Civil Fines and Restitution Following Accusations She Allegedly Stole $4 million from Elderly Clients over Past Ten Years; Clients Literally Came to Walsh-Josephson with Buckets of Cash
Jean Walsh-Josephson was ordered to pay more than $1,500,000 in civil fines and restitution at the start of numerous legal actions based on accusations she allegedly stole $4 million from elderly clients over the past 10 years, according to a the Wisconsin civil action dated April 21 currently under review by attorneys Jason Kane and Joe Peiffer.
Jean Walsh-Josephson, in one example, had a 70-year-old widower in September 2010 walk into her office with two five-gallon buckets of cash, adding up to $302,399, which he wanted to buy an annuity, live off the interest, and donate the principal to charity, the aforementioned civil action notes.
Jean Walsh-Josephson, rather than investing the money, allegedly gave him a fake receipt, pocketed the cash and sent him checks from a bank with the word “Thrivent” in its name, of $974.76 monthly for 49 months, said civil action reports. Finally, Walsh-Josephson also allegedly sold said investor a phony funeral policy for $5,000, according to the final order and decision’s findings.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of alleged investment misconduct, and are currently investigating Walsh-Josephson’s alleged investment fraud involving elderly clients. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Walsh-Josephson’s alleged investment fraud involving elderly clients may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.