Defrauding

Former Financial Planner Found Guilty of Defrauding Elderly Woman Out of $100,000 in Life Savings

by

NORRISTOWN, Pa. — A former financial planner from New Hanover Township was found guilty of embezzling over $100,000 from the life savings of an elderly Lower Salford Township woman, a jury ruled this week. The conviction highlights a growing concern over financial crimes targeting senior citizens. The 84-year-old victim, who had entrusted her financial security to the planner, lost significant amounts of her retirement savings due to his fraudulent activities. The case, prosecuted in Montgomery County, has drawn attention to the measures necessary to protect vulnerable elders from financial fraud. The accused, who had previously … Read more

Former CEO of Southlake Tech Firm Convicted of Defrauding Investors Out of $25 Million

by

DALLAS, Texas – Christopher Kirchner, the former CEO of Southlake-based tech firm Slync.io, was convicted by a federal jury in Texas for defrauding investors of $25 million. The 36-year-old Kirchner was taken into custody by U.S. Marshals immediately after the verdict. The jury found him guilty of four counts of wire fraud and seven counts of money laundering after a four-day trial. Kirchner’s sentencing is set for July 11 before U.S. District Court Judge Mark T. Pittman. Kirchner and his public defender, Jason D. Hawkins, did not respond to interview requests. Slync was well on … Read more