{"id":3073,"date":"2014-12-08T00:00:00","date_gmt":"2014-12-08T05:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/"},"modified":"2017-12-22T14:09:30","modified_gmt":"2017-12-22T19:09:30","slug":"former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/","title":{"rendered":"Former LPL Broker Travis Wetzel Pleads Guilty to Defrauding an Elderly Client"},"content":{"rendered":"<\/p>\n

Travis Wetzel of Frederick, Maryland has pleaded guilty to wire fraud relating to a fraudulent scheme to steal over 1.2 million dollars from an elderly client\u2019s<\/a> annuity<\/a> account.<\/p>\n

According to the government press release, Wetzel processed financial distribution documents for his investment advisory firm located in Rockville, Maryland. According to his plea agreement, from July 2010 to September 2012, Wetzel took a total of approximately $1,282,224 from an annuity account of an elderly client without the client\u2019s knowledge, and used the money for his personal benefit. Wetzel knew that the client was elderly, whose age and physical condition would facilitate repeatedly taking money from the client\u2019s account. Wetzel also laundered some of the money he took by transferring the money to other bank accounts he controlled.<\/p>\n

We are currently involved in multiple cases against brokerage firms for mismanagement of elderly investors\u2019 accounts and\/or improper conflicts of interest<\/a> between the financial advisor and the customer.\u00a0 We routinely work closely with estate planning attorneys to help resolve disputes between family members regarding the management of an elderly family member\u2019s financial affairs and we are frequently consulted regarding the improper sale of securities or mismanagement of the portfolio by a fiduciary, trustee or other trusted advisor.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Travis Wetzel of Frederick, Maryland has pleaded guilty to wire fraud relating to a fraudulent scheme to steal over 1.2 million dollars from an elderly client\u2019s annuity account. According to the government press release, Wetzel processed financial distribution documents for his investment advisory firm located in Rockville, Maryland. According to his plea agreement, from July […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[611,582,595],"tags":[],"class_list":["post-3073","post","type-post","status-publish","format-standard","hentry","category-conflicts-of-interest","category-elder-fraud","category-investment-fraud"],"yoast_head":"\nFormer LPL Broker Travis Wetzel Pleads Guilty to Defrauding an Elderly Client — Securities Arbitration Lawyers Blog — December 8, 2014<\/title>\n<meta name=\"description\" content=\"Travis Wetzel of Frederick, Maryland has pleaded guilty to wire fraud relating to a fraudulent scheme to steal over 1.2 million dollars from an elderly — December 8, 2014\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Former LPL Broker Travis Wetzel Pleads Guilty to Defrauding an Elderly Client — Securities Arbitration Lawyers Blog — December 8, 2014\" \/>\n<meta name=\"twitter:description\" content=\"Travis Wetzel of Frederick, Maryland has pleaded guilty to wire fraud relating to a fraudulent scheme to steal over 1.2 million dollars from an elderly — December 8, 2014\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Former LPL Broker Travis Wetzel Pleads Guilty to Defrauding an Elderly Client — Securities Arbitration Lawyers Blog — December 8, 2014","description":"Travis Wetzel of Frederick, Maryland has pleaded guilty to wire fraud relating to a fraudulent scheme to steal over 1.2 million dollars from an elderly — December 8, 2014","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/","twitter_card":"summary_large_image","twitter_title":"Former LPL Broker Travis Wetzel Pleads Guilty to Defrauding an Elderly Client — Securities Arbitration Lawyers Blog — December 8, 2014","twitter_description":"Travis Wetzel of Frederick, Maryland has pleaded guilty to wire fraud relating to a fraudulent scheme to steal over 1.2 million dollars from an elderly — December 8, 2014","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Former LPL Broker Travis Wetzel Pleads Guilty to Defrauding an Elderly Client","datePublished":"2014-12-08T05:00:00+00:00","dateModified":"2017-12-22T19:09:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/"},"wordCount":262,"articleSection":["Conflicts of Interest","Elder Fraud","Investment Fraud"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/","url":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/","name":"Former LPL Broker Travis Wetzel Pleads Guilty to Defrauding an Elderly Client — Securities Arbitration Lawyers Blog — December 8, 2014","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"datePublished":"2014-12-08T05:00:00+00:00","dateModified":"2017-12-22T19:09:30+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Travis Wetzel of Frederick, Maryland has pleaded guilty to wire fraud relating to a fraudulent scheme to steal over 1.2 million dollars from an elderly — December 8, 2014","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-broker-travis-wetzel-pleads-guilty-to-defrauding-an-elderly-client\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Former LPL Broker Travis Wetzel Pleads Guilty to Defrauding an Elderly Client"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/3073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=3073"}],"version-history":[{"count":2,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/3073\/revisions"}],"predecessor-version":[{"id":5545,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/3073\/revisions\/5545"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=3073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=3073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=3073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}