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Gary Basralian

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Springfield Broker Who Bilked Clients Of Millions Sentenced To Prison Springfield Broker Who Bilked Clients Of Millions Sentenced To Prison
Springfield Broker Who Bilked Clients Of Millions Sentenced To Prison An ex-broker and financial adviser from Springfield who admitted pocketing clients' money instead of investing it has been sentenced to nearly six years in prison, the U.S. Attorney for New Jersey said Friday.  Gary Basralian, 72, who worked at a securities firm in Jersey City, defrauded clients for a decade beginning in 2007, using clients' money to make payments on his BMW and credit cards, authorities said.   In one case, Basralian created a phony spreadsheet and sent it to a client who wanted to know why an account decreased in value. Basralian used the phony document to …

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by Paul Milo