Investment Adviser Charged With Stealing $9 Million From Charitable Foundation
October 19, 2017
October 19, 2017
WASHINGTON, Oct. 19 -- The Securities and Exchange Commission issued the following litigation release:
The U.S. Securities and Exchange Commission today charged a New York-based investment adviser with defrauding a non-profit charitable foundation out of $9 million.
The SEC alleges that John Rogicki, managing director and chief compliance officer of Train Babcock Advisors LLC, has been stealing funds from the charity for a dozen years to purchase real estate and pay for . . .
The U.S. Securities and Exchange Commission today charged a New York-based investment adviser with defrauding a non-profit charitable foundation out of $9 million.
The SEC alleges that John Rogicki, managing director and chief compliance officer of Train Babcock Advisors LLC, has been stealing funds from the charity for a dozen years to purchase real estate and pay for . . .