$38 Million Defrauded by Single-Advisor LLC


Published on April 26, 2021

Andrew T. Franzone was indicted Friday in a $38 million fraud scheme after allegedly misappropriating funds from approximately 90 investors, including pledging investor funds for personal loans, investing in unauthorized assets, and for personal enrichment. He is also charged with failing to disclose or eliminate conflicts of interest over the course of the five-year scheme.

If you have been affected by financial fraud, fiduciary malfeasance, or are under investigation by the SEC or FINRA, speak with an attorney at Warren Law Group today for a free assessment of your case: (866) WLGROUP, or email info@warren.law.

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