Fraud, securities law violation accusations levied against high-profile Baltimore advisor

July 9, 2015 by Brian Anderson

A wide range of violations are being levied against a high-profile advisor in the Baltimore area in a case fraught with ethics issues.

Maryland Attorney General Brian E. Frosh announced last month that his office is seeking to shut down the investment advisory operations of Everest Wealth Management, Inc. and Everest Investment Advisors, located in Towson, Md., based on allegations of fraud and Maryland securities law violations.

In an official news release, the Securities Division of the Office of the Attorney General said it is also seeking to permanently prohibit the owner of both companies, Philippe Rousseaux, ChFC, CIMA, RICP, from offering investment advisory services in Maryland. Click here to read…

Originally Posted at LifeHealthPro on July 01, 2015 by Brian Anderson.