Post by Logan on May 7, 2016 5:28:42 GMT -6
Jailed adviser bilked elderly, loses license, ordered to pay $1 million-plus
A longtime Oshkosh financial adviser for Thrivent Financial for Lutherans stole cash by the buckets-full from one of her elderly clients.
An administrative law judge has ordered Jean Walsh-Josephson to pay more than $1,500,000 in civil fines and restitution at the start of numerous legal actions based on accusations she stole $4 million from old people over the past ten years.
Walsh-Josephson, who faces more than 20 criminal charges of forgery, theft and resisting an officer in Winnebago and Outagamie Counties, also had her insurance license revoked in the state civil action dated April 21 by an administrative law judge for the Office of the Commissioner of Insurance. The order can be appealed.
The judge, Rachel Pings, called the victimization "abhorrent," with "no mitigating circumstances whatsoever."
Read more: host.madison.com/wsj/news/local/crime-and-courts/jailed-adviser-bilked-elderly-loses-license-ordered-to-pay-million/article_f64b36c2-c54a-5fd7-a383-c56be00c3046.html
A longtime Oshkosh financial adviser for Thrivent Financial for Lutherans stole cash by the buckets-full from one of her elderly clients.
An administrative law judge has ordered Jean Walsh-Josephson to pay more than $1,500,000 in civil fines and restitution at the start of numerous legal actions based on accusations she stole $4 million from old people over the past ten years.
Walsh-Josephson, who faces more than 20 criminal charges of forgery, theft and resisting an officer in Winnebago and Outagamie Counties, also had her insurance license revoked in the state civil action dated April 21 by an administrative law judge for the Office of the Commissioner of Insurance. The order can be appealed.
The judge, Rachel Pings, called the victimization "abhorrent," with "no mitigating circumstances whatsoever."
Read more: host.madison.com/wsj/news/local/crime-and-courts/jailed-adviser-bilked-elderly-loses-license-ordered-to-pay-million/article_f64b36c2-c54a-5fd7-a383-c56be00c3046.html