Ex-Investment Advisor from Michigan Faces Felony Charges
Mary Faher, a former investment adviser is facing felony charges for conducting an extensive multi-county Ponzi scheme in Michigan.
Mary Faher is accused of defrauding senior citizens out of millions of dollars while she was working at The Diversified Group Advisory Firm LLC. She started the job, and the alleged crime, in 2011. She allegedly was funneling money from investors into a Ponzi scheme run by Joel Wilson of Saginaw, who also is facing multiple felony charges.
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