Written by D. Daxton White• February 9, 2011• 5:54 pm• Blog, Securities Fraud Articles

Gregory Buchholz Faces Sentencing for Theft

According to CBS New York, a former Connecticut securities broker, Gregory Buchholz faces sentencing for stealing more than $1.35 million from his clients.

Gregory Buchholz of Bridgewater is scheduled to be sentenced in federal court in Bridgeport. He pleaded guilty to wire fraud. Prosecutors say the 45-year-old Buchholz liquidated clients’ annuities and mutual funds and kept the proceeds while working at Raymond James Financial Services.

They say he forged clients’ names, claimed he was reinvesting their money or told other lies to placate them. Attorney Thomas Seigel has said Buchholz deeply regrets his actions. Seigel and prosecutors emphasized that Raymond James was not implicated, immediately fired Buchholz and is reimbursing investors.

If you have questions about investments you made with Gregory Buchholz, the securities attorneys of The White Law Group may be able to help. For a free consultation, call the firm’s Chicago office at 312-238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions.

For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.