Former LPL Financial broker ordered to pay nearly $2 million in disgorgement and penalties after being accused of swindling clients out of nearly $1.7 million

Cleveland stockbroker fraud attorney

Mr. Blake Richards misappropriated client money that constituted retirement savings, and even life insurance proceeds from deceased spouses, according to a complaint filed in U.S. District Court for the Northern District of Georgia. The majority of the siphoned funds were retirement savings or life insurance proceeds from deceased spouses, the SEC said in a press… Read more »