August 26, 2015- Cleveland, Ohio
Cleveland.com reports that Dennis Flood, 64, of Brunswick, Ohio, pleaded guilty to engaging in a pattern of corrupt activity and aggravated theft for stealing from 43, mostly elderly, people by selling them fake insurance and investments.
Flood’s victims, mostly from Ohio, but some of whom were from Western Pennsylvania, lost over $1.1 million. He was sentenced to eight years in prison.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
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