Find Your Daily Voice
Atlantic
Your Local News for Atlantic County, New Jersey
Sunday, jun 30
72°
Follow
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Sports
Traffic
Legal
Real Estate
Tags
Jobs
Shop
Support Us
Atlantic
Follow
Find Your Daily Voice
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Sports
Traffic
Legal
Real Estate
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2024 Cantata Media
72°
Sunday, jun 30
Tag:
Kenneth A. Welsh
Police & Fire
Feds Indict Broker For Stealing $3M From Senior NJ Clients To Gamble, Buy Home, Gold Coins
A disgraced former broker and investment advisor is now under federal indictment for stealing more than $3 million from clients that authorities said he used to gamble and buy gold coins and a new house in Bergen County. Kenneth A. Welsh, 42, of River Edge, "used his position as an investment advisor to gain the trust of his victims," U.S. Attorney Philip R. Sellinger said. "(He) then exploited that trust,” Sellinger said. Welsh was working at Wells Fargo Clearing Services in Fairfield when federal authorities said he began shifting money from clients' accounts to that he controlled in Ju…