Tom Andrews—Investment Fraud

Cleveland stockbroker fraud lawyerTom Andrews Allegedly Conducted a $9 Million Investment Fraud Scheme in Utah Including Doctors, Lawyers, and a Former Police Chief

Tom Andrews allegedly conducted a $9 Million investment fraud scheme in Utah wherein he purportedly targeted doctors, lawyers, businessmen and even the former Nephi police chief, according to reports from Utah currently under review by attorneys Jason Kane and James Booker.

Andrews often allegedly advised clients to roll their cash into other companies, but he was only purportedly putting the funds into his own personal accounts, said reports note.

The Peiffer Wolf Carr & Kane securities lawyers are investigating Tom Andrews’ alleged investment scheme.

Over Twenty Clients Allegedly Fell Prey to Tom Andrews’ Investment Scheme; Andrews Pleads Guilty to Securities and Mail Fraud as Reports of Fraud Grow in Utah

Tom Andrews allegedly ran the same roll-over scheme with over twenty clients, according to the aforementioned reports from Utah presently being examined by attorneys Jason Kane and James Booker.

As a result, Andrews has plead guilty to securities and mail fraud after allegedly cutting a deal with federal prosecutors which has him looking at four to five years in prison, reports from Utah notes.

Utah has seen a sharp increase in reports of fraud cases and the Utah Attorney General has even labeled it as an “epidemic”, according to reports from Utah.

Securities Lawyers Investigating

The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of alleged investment fraud and are currently investigating Tom Andrews’ alleged participation in a $9 million investment fraud. 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 Tom Andrews’ alleged participation in a $9 million investment fraud may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or James Booker, for a free no-obligation evaluation of their recovery options, at (585) 310-5140 or via e-mail at or

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In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.