According to CBS San Francisco, former broker and financial adviser Adorean Boleancu admitted during a guilty plea in federal court to forging an elderly widows name to $1.8 million worth of checks. The elderly widow was a client of Boleancu.
Boleancu pled guilty in federal court to one count wire fraud and avoided facing a trial. The wire conviction carries a maximum sentence of 30 years in prison and a $ 1 million fine paid in restitution to the victim. His sentencing is scheduled for December 17, 2013.
The foregoing information, which is publicly available, has been provided by The White Law Group. To read more about the charges against Adorean Boleancu, visit our early post on his indictment here.
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. For a free consultation with a securities attorney, please contact the securities fraud attorneys of The White Law Group at 312-238-9650.
For more on The White Law Group, visit www.WhiteSecuritiesLaw.com.
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