Events Calendar
In This Section
Most Read Stories
Blogs:
Akron Law Café:
Public Lecture: Israeli Law Expert to Speak at School of Law
Car Chase:
What were they thinking? AMC Pacer
The Heldenfiles:
Good Night, Rubber Bowl
Patrick McManamon:
On Manny, Hafner, Flacco and the Indians
Browns Bulletin:
Live blogging Monday night
Cleveland Browns:
Cleveland Browns: From the Coach
Cleveland Cavaliers:
Game Blog: Cavs v. Celtics in Providence
Cleveland Indians:
Boston tops Tribe 6-1
Akron Zips:
Zips surrender big lead to Bowling Green
Varsity Letters:
Week 8 scoreboard
Kent State Sports:
Ohio 26, Kent State 19
The Sports Mix:
OSU Buckeyes - Changes to offense
Ohio Politics:
Pathetic Mailer in the 42nd House District
See Jane Style:
Street Style Muses
All Da King's Men:
Hey Dems, Are These Racial Code Words Too ?
Blog of Mass Destruction:
George W. Palin
HRLite House:
Informed Consent
Akron Gamer:
Lego Batman fun for all ages
BokBluster:
Speaking at Stow-Munroe Falls Public Library Saturday 1:00pm
Ohio Travels with Betty:
Where is the covered bridge festival?
Sound Check:
Black Keys join Devo's "Duty Now for the Future" Concert bill
Let's Talk Real Estate:
Haunted House #2: Barberton has more than Chicken!
By Beacon Journal staff report
A Hudson investment adviser and broker has been indicted by a Franklin County grand jury on charges relating to investment fraud.
POSTED: 02:28 p.m. EDT, Jul 31, 2008
Lawrence Nallie, formerly of Columbus, was indicted on 35 felony counts following a referral by the Ohio Department of Commerce's Division of Securities.
Nallie is charged with 11 counts of adviser fund mishandling, nine counts of investment adviser fraud, nine counts of theft, three counts of engaging as an unlicensed investment adviser, two counts of securities fraud and one count of false representations in the sale of securities.
Nallie allegedly mishandled more than $187,000 in funds and securities during and following the time he was licensed.
Nallie was licensed as a securities salesperson from 1996 until 2003 and as an investment adviser representative from 1999 to 2003.
The alleged crimes affected 13 of Nallie's clients, primarily from central Ohio.
Nallie did not appear for a summons June 17 before the Franklin County Municipal Court. He also ignored earlier subpoenas and court orders to testify before the Division of Commerce after four criminal complaints were filed.
Lawrence Nallie, formerly of Columbus, was indicted on 35 felony counts following a referral by the Ohio Department of Commerce's Division of Securities.
Nallie is charged with 11 counts of adviser fund mishandling, nine counts of investment adviser fraud, nine counts of theft, three counts of engaging as an unlicensed investment adviser, two counts of securities fraud and one count of false representations in the sale of securities.
Nallie allegedly mishandled more than $187,000 in funds and securities during and following the time he was licensed.
Nallie was licensed as a securities salesperson from 1996 until 2003 and as an investment adviser representative from 1999 to 2003.
The alleged crimes affected 13 of Nallie's clients, primarily from central Ohio.
Nallie did not appear for a summons June 17 before the Franklin County Municipal Court. He also ignored earlier subpoenas and court orders to testify before the Division of Commerce after four criminal complaints were filed.
Comments
Click here to post your comments
