New York Broker Pleads Guilty To Fraud, Identity Theft

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. A New York-based broker has pleaded guilty to defrauding clients he initially lured from his time as a rep for Merrill Lynch and Pinnacle Investments, according to the Justice Department. In New York federal court last week, Dean Dellas pleaded guilty to wire fraud and aggravated identity theft in connection with a scheme that stole about $686,000 from clients. Dellas is based in Cazenovia, N.Y., ...