Morgan Stanley Ordered to Pay $843,000 to Senior Scam Victim

News February 14, 2025 at 03:38 PM
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What You Need To Know

  • The widowed client, 75 at the time, sought $1.75 million in damages.
  • Scammers coached her on convincing her Morgan Stanley advisor to wire funds to an outside bank account, according to FINRA.
  • The fraudsters also had her give gold bars to a courier outside her condo, she told FINRA.
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