My returns were solid. He referred questions to a lawyer who did not immediately call back. In contrast, the receiver in the Par funding case says LaForte; his wife, Lisa McElhone; and other Par insiders kept for themselves more than $140 million out of the total of nearly $500 million put in by investors. In time, his A Better Financial Plan grew to employ about 15 people. Prosecutors criminally charged LaForte with illegal possession of firearms four handguns, two shotguns, and a rifle as a twice-convicted felon. The suit alleges that Par Fundings owners, Vagnozzi and the other defendants defrauded 1,200 investors, hiding from them Pars shaky finances, reckless lending, and the criminal past of a Par founder. The Vagnozzis have made charitable gifts, too. Dean received a Bachelor of Science degree from Albright College. (Asbury University) The nonstop, two-week prayer session at Asbury University that brought tens of thousands of people from across the country to the Christian campus in Kentucky has finally ended. Vagnozzi has lived well as his business grew. In its more recent lawsuit, the SEC cited that as an example of his repeated misrepresentations. Vagnozzi is not a registered financial adviser or broker but is a licensed insurance salesman. Dean Vagnozzi served on 8/6/2020, answer due 8/27/2020. In his lawsuit against his former lawyer, Vagnozzi told a different story. Today. The U.S. Securities and Exchange Commission says Vagnozzi and Par Funding misled investors about Pars financial soundness and the criminal past of a founder. It turns out that Par is not the only Vagnozzi investment that has disappointed. As for Ford, Vagnozzi said a board of directors at Fords company knew of Fords criminal record. In his depositions with the SEC, Vagnozzi argued that radio ads and the rest didnt bump up against the SEC restrictions because his pitches were at a high level and avoided the nitty-gritty of the financial instruments he was recommending. In the official complaint filed by the SEC, the defendants raised nearly half a billion dollars through alleged fraudulent practices including lying and misinterpreting information to investors about the security of Merchant Cash Advance investments. A receivers purpose is to, administer and manage their [companies under receivership] business affairs, funds, assets, causes of action and any other property of the Companies; marshal and safeguard all of the Companies assets; and take whatever actions are necessary for the protection of investors, according to Document 4, filed on July 24, 2020 in the United States District Court of the Southern District of Florida. In total, Vagnozzi raised $32 million from 339. Details (610) 948-3172. According to a document filed in response to the suit, Vagnozzi's businesses reported more than $8 million in profits between 2018 and 2020. He claimed, The issues with Life Partners werent disclosed to me.. If they are victims, he says, hes one, too. The faster sellers die, the bigger the payoff. His trial is pending. For some life settlement investors, the big jolt came this February when Vagnozzi wrote acknowledging the poor performance. DEAN J. VAGNOZZI d/b/a A BETTER FINANCIAL PLAN, LLC Docket No.. 9: 08 190016 (SEC-OSC) CERTIFICATE OF SERVICE On behalf of the agency, I certify that I have this day caused to be served a copy of the foregoing Final Order upon the following persons pursuant to 1 Pa. Code 33.31 : Went with my wife to their "free seminar including dinner" at the Hyatt Regency, 2424 Kalakaua Ave. in Waikiki, Honolulu, HI. March 1, 2023 / 9:45 PM / CBS Philadelphia. Key to Par's approach was that it required borrowers to sign what are known as "confessions of judgment" legal documents that compel the debtors to forfeit up front any right to defend themselves in court when accused of missing loan payments. Until Vagnozzi and Pauciulo turned against each other, they had been able to weather increasingly rocky weather together. Precisely how much they will all pay is still to be determined. Ads by BeenVerified. As this process broke down, Par Funding and A Better Financial Plan renegotiated their notes and created a new bank account which, Par Funding funneled more than $4 million into to pay off investors who refused to sign the new extended notes of which there were several, including the client who settled with Vagnozzi for $550,000. LaForte and his wife bought a $5.8 million home in Jupiter, Fla., in 2019, in addition to a $2.4 million home they already owned in Lower Merion and a $2.6 million lodge in the Poconos. In his recent email exchange with The Inquirer, Vagnozzi said he did what he had reason to believe was right for investors. The Texas firm declared bankruptcy in January 2015, a month after a judge fined it $38 million in the SEC case. (Vagnozzis business, too, said it was hit by the virus. baldwin county board of education jobs / north korea and norway are separated by one country / north korea and norway are separated by one country The records dont disclose the precise amount of the loan, designed to help businesses keep employees on staff during the pandemic.). Separately, in a last bit of litigation in the overall Life Partners scandal, a trustee for its creditors is suing Vagnozzi and scores of other Life Partners salespeople to claw back their commissions. His business eventually sold $2.4 billion in policies to 20,000 investors. According to government records, one of his firms this year received federal payroll aid, called a Paycheck Protection Program loan, of between $150,000 and $350,000. (As for the Par-related funds, a court-imposed receiver took charge of them earlier this year.). "Thats where were going to deliver for you.. Whats at stake for Florida healthcare in next weeks legislative session? As a group, about 1,500 merchants owe Par Funding about $350 million, but much of that appears to be non-collectible. published on this website are not to be considered endorsements. The court never contacted me or informed me about the fund that they froze and ultimately plundered. Vagnozzi has fought back against the SEC, rejecting its complaint as groundless. "He never told me to change my message. Last year, Vagnozzi and his wife gave $27,000 to St. Josephs University for a covered bench for the soccer team, which included their daughter, Gabrielle. The name makes it sound like a spooky force, but, in fact, it's the cosmological constant, , that Einstein added to his theory of gravity back in 1917. It is hard to argue that Americans are not struggling in this economy, but politicians and the mainstream media are certainly trying. Retirement Media provides relevant and timely reporting on important financial retirement issues our readers care about most. I dont talk about any specifics. Their relationship seemed to hold up even after the feds moved in. But for his fund, Bennett said, that was the last big payout. After a 16-year business relationship, Montgomery County financial pitchman Dean Vagnozzi has turned on his lawyer. Now lives at 3872 Jane Ct, Collegeville, PA 19426. But that hasnt happened, investors said. One investor told The Inquirer he put in his $50,000 at Vagnozzi's urging in February 2015 . A trial is scheduled for next year. He also said he had "weighed the cost of a lengthy legal battle vs. settling without admitting or denying any wrongdoing.. Under such a forecast, investors should have received about half their payout by now. Laforte, a convicted felon, was indicted on illegal gambling charges in 2009 and therefore was not allowed to own or possess firearms. The SEC didnt name Pauciulo as a defendant in its lawsuit. In lawsuits against Par Funding, plaintiffs have claimed that the firm used Renato "Gino" Gioe, a bodybuilder and purported member of the Gambino crime family, to dun borrowers with threats. On October 31, 2020, Judge Ruiz of the U.S. District Court for the Southern District of Florida entered an order releasing from the Receivership certain entities owned or controlled by Defendant Dean Vagnozzi. Dean Vagnozzi is on Facebook. (He asked not to be named, saying he was embarrassed about his investment.). Phil Cannella and Joann Small are licensed professionals in the insurance industry. Working with fragmentary information from fund papers, partially redacted names, ages, and the like, he searched on Google to see whether the insured had died. The Motion is made on behalf of Defendants Joseph LaForte, Lisa McElhone, and Joseph Cole Barleta, Mot. The website for his firm, A Better Financial Plan, touts returns of 10% to 14% and $200 million . Dean Vagnozzi and John Pauciulo were genial partners in a growing financial business, for 16 years. Dean Vagnozzi is the President at Better Financial Plan based in King Of Prussia, Pennsylvania. I had been a scholastic at the International Roman Scholasticate throughout the Council. It was one of the most troubling days Ive had in a long, long time . Payments on investments had arrived as promised, he said. Most of the people have reached their expected maturity. On the video, in which Par executives also appear, Vagnozzi promises investors returns of between 10 percent and 14 percent, saying that the outsized returns were possible . Now lives at 3872 Jane Ct, Collegeville, PA 19426. Get breaking news, exclusive stories, and money- making insights straight into your inbox. By that date, Vagnozzi was already under receivership. A spokesperson for Vagnozzis lawyer said: Dean was going from memory and simply got the year wrong.. By Fr. Vagnozzi says he paid Pauciulo more than $1 million in fees. Since financial adviser Dean Vagnozzi was charged with fraud in a government lawsuit in July, he has been castigated by regulators for how he steered customers to Par Funding, a Philadelphia lender founded by a twice-convicted felon. Three days after the settlement, Vagnozzi wrote investors "all they can say is they dont like my advertising methods and the fact that I served steak dinners in 2013 as a way for people to hear about our investments., To the SEC attorneys, Vagnozzi described typical investors as people who have several hundred thousand dollars and there is a piece of that money, say, $50,000 to $100,000, that they dont need for four to eight years. He added: The overwhelming majority of people come in because theyre scared of a market connection., In one flier obtained by the SEC, he summed up his offer this way: How to safely earn 8 to 12 percent in an investment not offered by any stock broker or banker.. Among the exciting additions the donation will cover are two elite shelters with. Even before the SEC lawsuit, Vagnozzi has agreed to pay $1.1 million since 2018 to resolve complaints from federal and state financial regulators about his sales techniques. The deal calls for the SEC to come up with a figure to be approved after a hearing by U.S. District Judge Rodolfo A. Ruiz II, who has presided over the case from a federal courtroom in Miami. When checks resumed, the rate was just 4%, half the previous one. Im in Pillar 8. NBC News obtained a videotape of an investor pitch dinner in Nov. 2019 hosted by Dean Vagnozzi, head of an investment firm that raised money for Par and was sued by the SEC. Age 54 (610) 763-4868. Though Par Funding operated mainly out of Philadelphia, the SEC filed its case in Florida, where Par Funding had moved its office in 2017. They resumed payments later, but at a far lower rate. Many investors, weary of slow returns, agreed to the switch. Investors who refused were paid back in-part, or in-full and in late July 2020, Vagnozzi removed the remaining funds, which consisted of more than $500,000 in the MK Corporate Debt bank account and placed that money into his personal bank account this account and transfer was not disclosed in Vagnozzis July court filing per the receivers orders. Crash Proof Retirement, LLC. He began selling more than life insurance: he urged investors to put their money into alternatives" approaches to the stock market and its volatility. Pardo hasnt paid. Dean Graziosi is a leading world-class action taker! As SEC crackdown loomed and business fell, Par Funding's founders bought watches for $154,000. Life Partners founder Brian Pardo lived well in Waco, Texas, for a time. Vagnozzi manages the Agent Funds through his company ABFP Management Company, LLC, and Abbonizio oversees and coordinates the Agent Funds. Any company or individual found violating these federal trademarks will be vigorously pursued through all available legal avenues and penalized to the fullest extent of the law. He has pleaded not guilty. Were about to hand out a million dollars to investors, Vagnozzis sister, Dana said, kicking off the gathering, "who had faith in my brother or who took a chance in our investments., Next, Vagnozzi introduced what he called my team, including the owners of Par Funding. Vagnozzi began recommending Par Funding to investors in 2016. Since 2016, he had urged customers to invest in funds linked to a Philadelphia firm known as Par Funding. how long can a dog live with parathyroid disease. Comments. Pauciulo, for his part, said that Vagnozzi had not followed his counsel. There was enough to pay his friend $990,000/month to "manage" the fund while they investigated. Nobody. In a note to clients, he summarized the SEC order this way: All they can say is they dont like my advertising methods.. An . The agency enumerated his radio ads, free dinners, and mailings and said he was improperly selling unregistered securities. In August, Philadelphia lawyer Gaeton Alfano, who represents the court-appointed receiver in the civil fraud case, told Ruiz during a hearing that he had turned over "massive amounts of data and documents" and made witnesses available in response to subpoenas from a criminal grand jury investigating Par Funding. I literally had only the money in my pocket, he wrote, referring to the period after the SEC brought its suit. I was not on that board, and not present when paperwork was filled out and [investors] money sent in, he said. Unlike with Pars owners, the SEC doesnt accuse Vagnozzi of taking clients money. Without admitting wrongdoing, Vagnozzi agreed to pay a $95,000 penalty. "I apologize for how poorly this fund has performed, he said. Focused on . He invested in the life settlements in 2015 after attending one of Vagnozzis free meals. (Tucker, Scott) August 7, 2020: Filing 5 MOTION for Pro Hac Vice Appearance of Attorney Marc H. Edelson - filed by Joan Caputo, Joseph Caputo. A mass prayer gathering at Asbury University drew worshippers from across the country to campus. His pitch? The court filings include hours of transcripts of sworn depositions he gave to SEC lawyers, as well as reports from Vagnozzi on his income and spending. LaForte also faces federal firearms charges. In early 2020, he had a more downbeat financial message. Vagnozzi and his lawyers didnt respond to questions for this article. It was the last state funeral until Queen Elizabeth II's on 19 September 2022. A third, filed by Philadelphia lawyer Clifford Haines on behalf of 17 people who set up pools that pumped nearly $50 million into Par, names just Pauciulo and his firm. Par Funding threatened violence, trashed reputations after businesses took out loans at brutal interest rates, borrowers say, names Par Funding, its owners, Vagnozzi, and others, Par Funding owner seeks release from prison, agrees to SEC control until civil fraud trial, Dean Vagnozzi and his alternatives to Wall Street, Federal judge orders Par Funding to stay out of seized accounts after its staff accessed 100,000 records. 819, 849]. Huevos directos desde la finca a tu casa. His payback: $31,000. His lawyer, George Bochetto, says big firms such as Eckert carry lots of malpractice insurance. For more information about the SEC case against Vagnozzi and Par Funding, SEC Receiver Ryan Stumphauzer set up a website where concerned citizens, investors, and others can access key documents to stay up-to-date as the case unfolds. November 9, 2020. We didnt have sales meetings, Amie, he told SEC trial counsel Amie Riggle Berlin earlier this year. Automated page speed optimizations for fast site performance. This information became public when the plaintiff filed a praecipe an order requesting a writ or legal document in late August, which showed that the settlement was backdated to July 29, 2020 despite no written agreement being concluded until August 12, 2020. Hes still confident his investment will pay off eventually. Vagnozzi was adamant his events werent sales pitches. Emails obtained by The Inquirer show that Vagnozzi told investors earlier this year he was sorry about the life settlement investments he has also sold, deals in which investors bet on the life insurance policies of the elderly. Edit Details READ MORE: Dean Vagnozzi and his alternatives to Wall Street, It was true, as far as it went Bennett said one policy, of more than 100 in the investment, had paid off at twice what investors had put in. On July 24, 2020, the Securities and Exchange Commission ("SEC"), brought an emergency action against a number of individuals and entities, including but not limited to Dean J. Vagnozzi and his Pennsylvania-based company, A Better Financial Plan, for their roles in an alleged half billion dollar fraud scheme. He said he became aware of it through an investigative news report. He also advertised on CNN, Fox News, CBS, and CNBC television. Over the years, he has refined his unconventional investing approach in ways that extend well beyond the "cookie cutter" strategies employed at many firms. Vagnozzi also came under scrutiny when the receiver uncovered a legal settlement payment made from a bank account to a client who had refused to sign a new deal with Par Funding. The agency this year reached a deal with Vagnozzi under which he and his business paid a $600,000 penalty in connection to his fundraising for Ford. NBC News obtained a videotape of an investor pitch dinner in Nov. 2019 hosted by Dean Vagnozzi, head of an investment firm that raised money for Par and was sued by the SEC. An accounting major in college, he went on for a time to become a licensed securities broker. We have had one death, no payout to us they need the money [from that settlement] to pay premiums on other policies, said another investor, Dale Hood, a Montgomery County health insurance salesman. Ted's Bio; Fact Sheet; Hoja Informativa Del Ted Fund; Ted Fund Board 2021-22; 2021 Ted Fund Donors; Ted Fund Donors Over the Years. In DE-256, the SEC also levied a preliminary injunction against Vagnozzi to restrain him from violating multiple sections of the Securities Act of 1933 and Securities and Exchange Act of 1934 by offering or selling securities and destroying any records, documents, or items pertaining to the scope of investigation. Now 77, he has been socked with penalties totaling $28 million. Dean Vagnozzi takes a new look at the way people handle retirement: making your money work for you, rather than tucking it away where you can't access it until .more Get A Copy Kindle Unlimited $0.00 Amazon Stores Or buy for $19.99 Kindle Edition, 222 pages Published February 17th 2020 by Jenkins Group, Inc More Details. More recently, LaForte was arrested last year after the FBI seized seven firearms at his $2.4 million house in Lower Merion. The settlement concluded in principle with the client receiving a check for $550,000; however, the actual payment did not transact until after Vagnozzi had been placed under receivership. The SEC has since said Vagnozzi was selling securities that should have been registered and didn't warn investors of the risks. He offers investment opportunities that sidestep the volatility and intangibility of Wall Street, and he . As life-settlement payouts drag on and premium costs rise, investors have been left frustrated. He was among a group who, in 2010, each put an average of nearly $50,000 into the first of Vagnozzis life settlement funds, called Pillar 1. 2019 Ted Fund Donors The suit alleges that Par Funding's owners, Vagnozzi and the other defendants defrauded 1,200 investors, hiding from them Par's shaky finances, reckless lending, and the criminal past of a Par founder. There are several reports in the media about the iconic actor's health in relation to his current condition. MENU MENU. He also recommended investments in real estate, in the outcome of lawsuits and in a startup promoting new addiction-treatment software. Of the more than $4 million that was paid by Par Funding into the MK Corporate Debt account, more than $500,000 remained after settling with several investors. Who wants more than 4 percent? Vagnozzi asked. Vagnozzi kept selling investments in policies purchased from Life Partners despite that firms troubles. Par could not pay investors interest and principal in April and May. Police will provide an update shortly in the ongoing investigation into the death of the baby of Constance Marten and Mark Gordon. The family on staff included his father-in-law, Gerard Nave, head of compliance; his sister Dana, and a son, Alec Vagnozzi, listed as a business principal. He expected a quicker payout. Search More About This Property. He also said A Better Financial Plan would no longer manage the funds. As a result, Stumphauzer indicated in DE-208 that Vagnozzi was in violation of the receivership order for effectuating an agreement for the transfer of monies without the consent or knowledge of the receiver. Previously, Dean was the Vice President, Business Development at NTT Data and also held positions at Ernst & Young ShinNihon LLC, Deloitte, EY. Dean Vagnozzi, the 46-year-old financial entrepreneur and President of A Better Financial Plan, LLC, believes in making your money work hard for you. Earlier in June, the market lost more History was made on the tenth of June when the United States crossed the gas price rubicon. Dean J Vagnozzi. In an email to an Inquirer reporter, Vagnozzi said some of the life-settlements investments have done very well recently, returning sizable gains. The main event the federal civil fraud trial led by SEC lawyer Amie Riggle Berlin is scheduled for December. Tom, who leads a very private life, has not, however, publicly confirmed or denied the claims. 7. At first, he marketed investments in a burgeoning new market, for so-called life settlements. Never." Facebook gives people the power to share and makes the world more open and connected. what happened to dean vagnozzi. Now they are adversaries, heading for court. In July, federal financial regulators sued Vagnozzi, along with the owners of Par Funding and others, alleging they had defrauded 1,200 investors who put in nearly $500 million. One was Par Funding, in which investors financed high-interest cash advances to merchants. In 2012, the SEC followed up on the Journal article with a lawsuit accusing Life Partners of fraud and Pardo of covering up the inaccurate life estimates. Many home shopping fans (including me) were shocked to hear the news that two long time, and popular QVC on-air hosts, Dan Hughes and Carolyn Gracie, had been let go. If he gets a significant judgment from Eckert, well go after that, Lechtzin said. Vagnozzi told them not to worry, though. He put $400,000 of that into a fund mostly invested in life settlements. ), Vagnozzi didnt admit any wrongdoing. He posted a comment about that last week on Facebook: That was the most expensive dinner I ever had.. He said he only learned about it in late 2018, two years after he began boosting Par Funding to investors. For Vagnozzi and his clients, life settlements have been a bumpy road. Montgomery County financial pitchman Dean Vagnozzi, once well-known through his ubiquitous radio ads and free dinner seminars, has agreed to pay $5 million to resolve a complaint from the U.S . Pardo bought four planes and a yacht along with such artifacts as replicas of an ancient Egyptian sarcophagus and a pharaohs throne. But in 2010 the Wall Street Journal reported that Pardos firm was relying heavily on an assembly-line doctor who was systematically under-predicting life expectancies. In July, federal financial regulators sued Vagnozzi, along with the owners of Par Funding and others, alleging they had defrauded 1,200 investors who put in nearly $500 million. To potential investors dining free at Ruths Chris steak houses and the like, Vagnozzi would explain how they could avoid the markets up and downs. Were in a pandemic.. READ MORE: Par Funding threatened violence, trashed reputations after businesses took out loans at brutal interest rates, borrowers say. It goes without saying, Vagnozzi wrote, I apologize for how poorly this fund has performed.. Vagnozzi empowers middle class investors to generate returns typically reserved for the uber rich. He found few leads but is still puzzled by the lack of payments. He's also promoted investments based on buying life insurance polices of the elderly. In those earlier filings, Vagnozzi also argued that there was no legal requirement that investors be told about LaFortes convictions. content for publishing on our website. Drug coverage, telehealth, physician-assisted death. (In all, Vagnozzi has agreed to pay $1.1 million since 2018 to resolve complaints from federal and state regulators. Vagnozzi also raised almost $5 million for the addiction-related software idea of a man who went by the name of Henry Ford, according to the SEC. Gaetan Alfano, the Philadelphia lawyer for the court-appointed receiver in that case, wants all the other suits ended or delayed until then. READ MORE: In SEC fraud lawsuit, Par Fundings receiver squares off with adviser Dean Vagnozzi over money freeze. In the 2020 emails obtained by The Inquirer, Vagnozzi acknowledged a simple problem with funds containing those early policies: Sellers hadnt died fast enough. Every Friday on SiriusXM radio's The Dean Obeidallah show it's time for "What Just Happened? We had we had meetings with customers that had money to potentially invest. One Dean! In recent weeks Vagnozzi said he would take steps to overhaul his businesses. Chris Rollins Published: March 2, 2023. He is the president of A Better Financial Plan, LLC which educates people on alternative ways of securing financial success and independence. Previously, Montgomery County financial adviser Dean Vagnozzi agreed to pay $5 million and Florida salesman John Gissas $1.3 million. His required disclosures in the SEC lawsuit show that in just the last two years before the SEC pulled the plug, he made $8 million in profits on $17 million in revenue. In total, Par Funding took in about $480 million from investors. Now LaForte, 50, and his wife, Lisa McElhone, 42 the owner of a nail salon from South Philadelphia who told the court at one point that she was worth nearly $800 million "shall pay disgorgement of ill-gotten gains," as will Vagnozzi, 53, according to settlement papers signed by all three. One-Of-A-Kind! Lawyers for the defendants declined to comment or did not respond to calls. Written by. June 1, 2022 1:43 PM PT. The SEC and the defendants are fighting over the civil suit in federal court. In the interim, the agency and Vagnozzi have made public hundreds of pages of documents that provide a snapshot of Vagnozzis business approach and show how he made himself one of the regions best-known financial advisers. We get a few checks periodically, he said, but Id have been better holding on to my company stock.. KING OF PRUSSIA, PA / ACCESSWIRE / March 9, 2020 / Dean Vagnozzi is not your average financial planner. Pauciulo, 55, is a Temple law grad who has been with the Pittsburgh-based Eckert Seamans firm for more than a decade, leading its financial transaction group out of its Philadelphia office. ], Find out how you can submit After John Dean gave his historic 1973 testimony on the Watergate scandal that eventually brought down the Nixon White House, he wanted to move on with his life. Vagnozzi's agreement earlier this year to pay the $5 million was the third time since 2019 that he has agreed to pay large sums to resolve complaints from regulators. I was selling life insurance.". In an email to the Inquirer, Vagnozzi said due diligence was done" regarding LaForte. OK?". In the spring, the funds invested in Par missed two months of payments to investors. Details. what happened to dean vagnozzi port deposit, md real estate. Pauciulo, in his rebuttal pleading this year, holds firm to that argument, saying, LaFortes criminal conviction for mortgage fraud did not need to be disclosed because it was more than 10 years old.. Only they didnt. I need a person like John, he told viewers, to show we are not a bunch of gunslingers.. (Agents also found $5 million in cash there and at his other homes, in the Poconos and Jupiter, Fla.). In another video, Pauciulo bragged, Together, Dean and I have created a model where small investors could get in on the kind of alternative asset action typically limited to rich investors. games with best gunplay 2020 0. What is undisputed is that neither man informed investors that LaForte used aliases and started the firm shortly after serving prison terms for two convictions, for a $14 million real estate scam and running an illegal offshore gambling operation. Vagnozzi sold investors additional shares in funds bearing the Pillar name and based on life insurance policies. Vagnozzi kept selling investments in policies purchased from Life Partners despite that firm's troubles. How investing in your community can enhance business, Ohio man pleads guilty to investment and retirement fund fraud scheme, SECURE 2.0 helping solve serious demographic problem, Niagara Falls woman going to prison for stealing from investment firm clients, GOP-sponsored ethical investment rule rollback may draw first Biden veto.