According to reports, a Valparaiso, Indiana financial advisor is facing a year in prison after pleading guilty to wire fraud.  The advisor, Jennifer Guelinas, allegedly made unauthorized transfers of more than half a million dollars from a client’s account while working as a financial advisor in the Valporaiso area.

According to court documents, between Dec. 29, 2006, and Nov. 5, 2010, Guelinas transferred in excess of $800,000 from a client’s account into her personal bank account by forging her client’s name on the wire transfer requests.

Guelinas’ FINRA Broker Report indicates that she was registered with Ameriprise Financial Services during the time of the allegations.

The White Law Group is investigating the liability that Ameriprise may have for failure to adequately supervise Guelinas and her activities.

If you invested with Guelinas and have questions about your investments, please call the securities attorneys of The White Law Group at 312/238-9650 for a free consultation.

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