Avon Financial Adviser Admits To $3.3M Fraud Fueled By Risky Trades, Brokerage Loophole

A Connecticut investment adviser pleaded guilty to wire fraud after a trading scheme cost three financial firms more than $3.3 million, federal prosecutors said. Andrew M. Komarow, 37, of Avon, initiated about $8.9 million in electronic transfers between October 2022 and February 2023, but he did no…

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