Former Atria Advisor Charged with $1.7M Investment Fraud Scheme
A former Atria Wealth Solutions advisor, Jeffrey Thomas Higgins, has been charged with defrauding clients of approximately $1.7 million over 17 years by misappropriating funds and falsifying investment records. The scheme involved purchasing shares at market value and transferring them to his own account, with the fraud spanning multiple firms including Financial West Group and Western International Securities, which was acquired by LPL Financial in 2024.
Tickers: $LPLA
Topics: DOJ financial crime fraud investment advisor SEC