Travis Wetzel Indicted on Charges Related to Illegally Transferring $1,282,224 from His Client’s Annuity Account

New Orleans stockbroker fraud lawyerTravis Wetzel is accused of illegally transferring $1,282,224 from a client’s annuity account, according to an indictment issued by a federal grand jury.

Wetzel was a branch operations manager while working for an investment advisory firm located in Rockville, Maryland and took approximately $1,282,224 from an annuity account of a client without the client’s knowledge and used the money for his personal benefit, according to the indictment.

Wetzel also allegedly laundered at least $376,444 of the money he took by transferring the money to other bank accounts that were under his control, according to the indictment.

The Peiffer Rosca securities attorneys often represent investors who lose money as a result of Ponzi schemes, investment fraud, or stockbroker misconduct. They are currently investigating the possibility of assisting victims with the recovery of their losses. 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 investment fraud or misconduct may contact the securities lawyers at Peiffer Rosca, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: Travis Wetzel

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Alan Rosca (1159 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


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.