What You Must Know
- A former Wells Fargo dealer and chief compliance officer pleaded responsible to wire fraud.
- The cost carries a most penalty of 20 years in jail and a $250,000 high quality.
- Sentencing is scheduled for Feb. 27, 2023, at 1 p.m. at U.S. District Courtroom for the Western District of New York in Buffalo.
A former Wells Fargo dealer and chief compliance officer pleaded responsible to wire fraud as a part of a scheme during which she stole greater than $500,000 from a number of shoppers and from the agency itself, Trini E. Ross, U.S. Lawyer for the Western District of New York, mentioned Wednesday.
Jennifer Campbell, 47, of Niagara Falls, New York, pleaded responsible to the one cost earlier than Choose Lawrence J. Vilardo on Oct. 19 in U.S. District Courtroom for the Western District of New York in Buffalo, in line with court docket paperwork.
The cost carries a most penalty of 20 years in jail and a $250,000 high quality, in line with Ross.
Campbell’s sentencing is scheduled for Feb. 27, 2023, at 1 p.m. earlier than Choose Vilardo.
Campbell was a registered dealer with Wells Fargo Advisors from November 2012 to August 2015, in line with her report on the Monetary Business Regulatory Authority’s BrokerCheck web site. She continued to be employed by the agency after that, in line with BrokerCheck.
Wells Fargo didn’t reply to a request for touch upon Friday.
Ross didn’t establish Wells Fargo by title, and the Justice Division didn’t establish the agency by title in its Could 31, 2022, indictment in opposition to Campbell, solely referring to the companyh she labored at as “Advisory Agency 1.”
Campbell was “employed by Funding Advisory Agency 1 from roughly 2017 till roughly Could 2021” as its workplace supervisor after which, “starting in roughly 2018, additionally served” as its chief compliance officer, the indictment mentioned.