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re: Area investment adviser accused of defrauding clients

Posted on 1/4/18 at 8:05 pm to
Posted by djangochained
Gardere
Member since Jul 2013
19185 posts
Posted on 1/4/18 at 8:05 pm to
Cooling tower cost a lot more than 150k
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78713 posts
Posted on 1/4/18 at 8:06 pm to
With WWL business news, I’m Bruce Veil
Posted by boosiebadazz
Member since Feb 2008
86449 posts
Posted on 1/4/18 at 8:06 pm to
The guy in the OP
Posted by mikelbr
Baton Rouge
Member since Apr 2008
49100 posts
Posted on 1/4/18 at 8:11 pm to
They're both pretty damned hot. Nice.
If you know how to do people searches and and xref prior addresses for matches, They're both easy to find.
This post was edited on 1/4/18 at 8:12 pm
Posted by OweO
Plaquemine, La
Member since Sep 2009
122545 posts
Posted on 1/4/18 at 8:12 pm to
frick people like him. Remember that Stanford Investing or whatever who conned a bunch of people in Baton Rouge.. I guess around 2008-09? Long story short, my grandmother had two children, my dad & my aunt. My dad passed away in 1998, but before that my grandmother did her will and was going to leave half of her money to me.

She had Alzheimer's, which started getting bad around 05-06.. She was living with my aunt, who then moved out of town. They put her in a home, but before doing so, they forced her to redo her will without my knowledge. My aunt's son in law sold her and her husband on investing with that Stanford guy, which they did and they lost all their money. I didn't find this out until after it happened, but in that situation I was glad. But I don't trust any of investment advisers. If it is with a company like Edward Jones or something, that's cool, but I watched too many episodes of American Greed to trust any of these assholes.
Posted by BRgetthenet
Member since Oct 2011
118273 posts
Posted on 1/4/18 at 8:13 pm to
She tucks.


ETA: fricks
This post was edited on 1/4/18 at 8:13 pm
Posted by slackster
Houston
Member since Mar 2009
91874 posts
Posted on 1/4/18 at 8:13 pm to
This guy was barred by FINRA back in 2015 and apparently kept at it.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122545 posts
Posted on 1/4/18 at 8:14 pm to
quote:

WIth all the resources out there nowadays, it is nothing short of astounding that people still willingly give their money to “investment advisors.” These guys are all crooks. You’re better off with Vanguard.



Amen to that.
Posted by BRgetthenet
Member since Oct 2011
118273 posts
Posted on 1/4/18 at 8:14 pm to
quote:

slackster




Posted by mikelbr
Baton Rouge
Member since Apr 2008
49100 posts
Posted on 1/4/18 at 8:15 pm to
quote:

OweO

Well done. Informative and relevant post. frick madoff and them dudes on American Greed. The episode on that That Taylor Bean and Whittaker fricker related to us as he caused us a bit of grief with a lost/stolen mortgage payment. I agree bud.
This post was edited on 1/4/18 at 8:17 pm
Posted by Robin Masters
Birmingham
Member since Jul 2010
36823 posts
Posted on 1/4/18 at 8:16 pm to
I know someone related to this dude. Also a shady fricker.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
49100 posts
Posted on 1/4/18 at 8:19 pm to
quote:

I know someone related to this dude. Also a shady fricker.


Is it his son? MS? 30s? They've shared several addresses.
Posted by Thib-a-doe Tiger
Member since Nov 2012
36812 posts
Posted on 1/4/18 at 8:19 pm to
frickin financial advisors are crooks
Posted by BRgetthenet
Member since Oct 2011
118273 posts
Posted on 1/4/18 at 8:19 pm to
No doubt.

Old baw gonna do hard time.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122545 posts
Posted on 1/4/18 at 8:20 pm to
quote:

Well done. Informative and relevant post. frick madoff and them dudes on American Greed. The episode on that That Taylor Bean and Whittaker fricker related to us as he caused us a bit of grief with a lost/stolen mortgage payment. I agree bud.


It honestly makes me sick thinking about it, but I don't know how these people live with themselves. Especially the ones who target older people and convince them to put every dollar they have into "investing" with them.
Posted by Thib-a-doe Tiger
Member since Nov 2012
36812 posts
Posted on 1/4/18 at 8:22 pm to
I know this financial advisor, took people’s money and made them money with it. What an a-hole
Posted by mikelbr
Baton Rouge
Member since Apr 2008
49100 posts
Posted on 1/4/18 at 8:23 pm to
quote:

It honestly makes me sick thinking about it, but I don't know how these people live with themselves. Especially the ones who target older people and convince them to put every dollar they have into "investing" with them.

I don't work in Financial services but I carry a BS in Finance from LSU. I've followed many of the stories you see in American Greed as well as smaller time crooks. Those people are a walking a fine line between A drug cartel leader and a habitual burglar to me.

So many people feel sorry for them when caught ripping people off and ruining lives.
Posted by Robin Masters
Birmingham
Member since Jul 2010
36823 posts
Posted on 1/4/18 at 8:24 pm to
quote:

Is it his son? MS? 30s? They've shared several addresses.


No. Different.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122545 posts
Posted on 1/4/18 at 8:24 pm to
quote:

I know this financial advisor, took people’s money and made them money with it. What an a-hole


You sure he wasn't taking other people's money and using it to pay other people with what he promised they would earn then convinced them to put it back in for him to keep investing?
Posted by slackster
Houston
Member since Mar 2009
91874 posts
Posted on 1/4/18 at 8:25 pm to
Crooks suck, no doubt about it, but no one should even consider giving a penny to a guy banned from the securities industry.
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