Ex-Wells Fargo Advisor Indicted for Alleged $3 Million Fraud


A former Wells Fargo advisor is facing fraud charges relating to an alleged long-running scheme that bilked clients out of more than $3 million.

Kenneth Welsh, of River Edge, N.J., has been indicted on four counts of wire fraud and one count of investment advisor fraud stemming from his role as a registered investment advisor and broker at Wells Fargo.



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