Tuesday, June 6, 2023 | Back issues
Courthouse News Service Courthouse News Service

Investment Adviser Admits Stealing $7M

MANHATTAN (CN) - A founder of AFW Wealth Advisers pleaded guilty Monday to stealing more than $7 million from clients. Matthew Weitzman, 43, of Armonk, helped AFW manage more than $190 million through its offices in Purchase, N.Y., and Natick, Mass., federal prosecutors said. He faces up to 5 years in prison and stiff fines at his Jan. 29 sentencing.

Categories: Uncategorized

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.