{"id":21074,"date":"2021-11-30T10:10:03","date_gmt":"2021-11-30T16:10:03","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=21074"},"modified":"2021-11-30T10:10:03","modified_gmt":"2021-11-30T16:10:03","slug":"broker-ronald-molo-wire-fraud-charges","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/broker-ronald-molo-wire-fraud-charges\/","title":{"rendered":"Fired Edward Jones Broker Ronald Molo Accused of Defrauding Senior Customers"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Joliet, Illinois Financial Advisor Faces Criminal Charges For Wire Fraud<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Ronald Terrence Molo, a former Edward Jones broker, is accused of misappropriating customers\u2019 funds and costing at least three older clients $778,000 in investment losses. He was suspended by the Financial Industry Regulatory Authority (FINRA) beginning October 25, 2021, after he failed to respond to the self-regulatory organization\u2019s request for more information.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On November 23, 2021, the Securities and Exchange Commission (SEC) filed civil charges against Molo, and the United States Attorney\u2019s Office for the Northern District of Illinois filed criminal charges against him for wire fraud.\u00a0\u00a0\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/broker-ronald-molo-wire-fraud-charges\/\"  title=\"Continue Reading Fired Edward Jones Broker Ronald Molo Accused of Defrauding Senior Customers\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Joliet, Illinois Financial Advisor Faces Criminal Charges For Wire Fraud Ronald Terrence Molo, a former Edward Jones broker, is accused of misappropriating customers\u2019 funds and costing at least three older clients $778,000 in investment losses. He was suspended by the Financial Industry Regulatory Authority (FINRA) beginning October 25, 2021, after he failed to respond to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21075,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3741],"tags":[3481,2767,4288,4653],"class_list":["post-21074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-securities-fraud","tag-edward-jones","tag-elder-financial-fraud","tag-misappropriation","tag-ronald-molo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ex-Edward Jones Broker Accused of Elder Financial Abuse | SSEK Law<\/title>\n<meta name=\"description\" content=\"Ronald Molo, an ex-Edward Jones broker has been accused of defrauding senior investors resulting in significant investment losses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/broker-ronald-molo-wire-fraud-charges\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ex-Edward Jones Broker Accused of Elder Financial Abuse | SSEK Law\" \/>\n<meta name=\"twitter:description\" content=\"Ronald Molo, an ex-Edward Jones broker has been accused of defrauding senior investors resulting in significant investment losses.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/11\/overconcentration.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ex-Edward Jones Broker Accused of Elder Financial Abuse | SSEK Law","description":"Ronald Molo, an ex-Edward Jones broker has been accused of defrauding senior investors resulting in significant investment losses.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/broker-ronald-molo-wire-fraud-charges\/","twitter_card":"summary_large_image","twitter_title":"Ex-Edward Jones Broker Accused of Elder Financial Abuse | SSEK Law","twitter_description":"Ronald Molo, an ex-Edward Jones broker has been accused of defrauding senior investors resulting in significant investment losses.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/11\/overconcentration.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; 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