Investment adviser pleads guilty to fraud in Kansas
September 8, 2017
TOPEKA, Kan. (AP) — A Pennsylvania man has pleaded guilty in Kansas to felony charges of selling unregistered securities that cost investors $800,000.
The Topeka Capital-Journal reports that 51-year-old Kevin Brown pleaded to four charges Tuesday in Shawnee County District Court.
The U.S. Securities and Exchange Commission accused Brown in 2015 of participating in a collection of companies tied to three multimillion-dollar frauds between 2008 and 2014, including a Ponzi scheme. Brown's misconduct in Kansas occurred from 2011 to 2013.
His case was originally investigated by the Kansas Secu...