Reports of fraud in investment accounts are on the rise. The Federal Trade Commission reported 107,699 instances of ...

SCOTTSDALE, Ariz., Oct. 1, 2025 /PRNewswire/ -- A new research study conducted by Cornerstone Advisors, a leading provider of business and technology consulting services for banks, credit unions, and ...

Osaic has partnered with Carefull, an emerging financial safety platform focused on elder fraud prevention, to provide its network of advisors with tools to detect and prevent scams, fraud and ...

If a client becomes a victim of financial fraud, it's not always possible for the advisor to get the client's money restored. On top of that, the client might have to pay taxes on the loss. Processing ...

Fraudulent claims can cause ripple effects of harm for older clients. Financial advisors can play an important role in ...

A former financial advisor in the Seattle area was sentenced to 32 months in prison Friday for a wire fraud scheme that stole $531,411 from a client's trust account over roughly six years. Michael P.

A 57-year-old Fox Island man was sentenced Tuesday to three years in prison for his scheme to steal more than $920,000 from an elderly woman who trusted him as her financial advisor. John Winslow was ...

A financial advisor defrauded a charity, his friends, neighbours and his clients out of almost £2m by telling people he needed a loan to pay for a divorce or inheritance payment. Timothy Barnes ...