A hacker infiltrated a client's email and impersonated the client to the advisor/rep and instructed the advisor to liquidate stocks and wire funds to an account at the same bank as the client, however to the hacker's account. Because the…
A health insurance agent tried to help their client find more affordable health insurance by maneuvering the employees between two firms to qualify as small groups with a very bad result.
The registered representative, who is also an insurance agent, had a decades-long relationship with the clients, an elderly husband and wife. The clients had three annuities with the agent. When it came time to annuitize, there was an error in…
