Jean Walsh-Josephson—Misappropriation of Funds
Jean Walsh-Josephson, 56 and of Oshkosh, Wisconsin, Allegedly Misappropriated $4 million from Elderly Clients over the Past 10 Years
Jean Walsh-Josephson, 56 and of Oshkosh, Wisconsin, allegedly misappropriated $4 million from elderly clients over the past 10 years, according to Documents from the Wisconsin Office of the Commissioner of Insurance currently under review by attorneys Alan Rosca and James Booker.
Jean Walsh-Josephson is now looking at more than 20 criminal charges of alleged forgery, theft and resisting an officer in Winnebago and Outagamie counties, and also had her insurance license revoked, according to said Documents.
The Peiffer Rosca Wolf securities lawyers are currently investigating Jean Walsh-Josephson’s alleged misappropriation of funds.
Jean Walsh-Josephson Ordered to Pay More than $1,500,000 in Civil Fines and Restitution Based on Accusations She Stole $4 million from Elderly Clients, Some of Whom Came to Her Office with Buckets of Cash
Jean Walsh-Josephson has been ordered by the Wisconsin Office of the Commissioner of Insurance to pay more than $1,500,000 in civil fines and restitution based on accusations she allegedly stole $4 million from elderly clients, according to the aforementioned Documents from the Wisconsin Office of the Commissioner of Insurance currently under review by attorneys Alan Rosca and James Booker.
Jean Walsh-Josephson, in one case, received a 70-year old widower in September 2010 who literally entered Walsh-Josephson’s business with buckets of cash, according to reports from Wisconsin. Together, said reports further allege, counted out $302,399, with which the elderly gentleman had hoped to buy an annuity, live off the interest, and donate the principal to charity.
Jean Walsh-Josephson, rather than investing the money, allegedly gave him a false receipt, kept the money and sent him checks from a bank with the word “Thrivent” in its name for 49 monthly payments of $974.76 for 49 months, according to reports from the Badger State.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of misappropriation of funds and are currently investigating Jean Walsh-Josephson’s alleged theft of client funds. 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 Jean Walsh-Josephson’s alleged theft of client funds are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.