{"id":6620,"date":"2018-10-18T19:20:16","date_gmt":"2018-10-18T19:20:16","guid":{"rendered":"http:\/\/www.investorlawyers.com\/?p=6620"},"modified":"2018-10-18T19:20:16","modified_gmt":"2018-10-18T19:20:16","slug":"investment-advisor-fraud-dawn-bennett-is-convicted-in-20m-ponzi-scam-guilty-plea-reached-in-6-1m-fraud-and-genesis-advisory-services-operator-settles-sec-charges","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/investment-advisor-fraud-dawn-bennett-is-convicted-in-20m-ponzi-scam-guilty-plea-reached-in-6-1m-fraud-and-genesis-advisory-services-operator-settles-sec-charges\/","title":{"rendered":"Investment Advisor Fraud: Dawn Bennett is Convicted in $20M Ponzi Scam, Guilty Plea Reached in $6.1M Fraud, and Genesis Advisory Services Operator Settles SEC Charges"},"content":{"rendered":"
\n

Former Financial Adviser Now Facing Years in Prison for $20M Investor Fraud<\/strong><\/h2>\n

Dawn Bennett, an ex-financial adviser and the operator of Bennett Financial Group Services, has been convicted of 17 criminal charges, including securities fraud, conspiracy, bank fraud, wire fraud, and making false statements on a loan application. It took a federal jury less than five hours to convict her for \u00a0a $20M ponzi scam <\/a>that defrauded nearly four dozen investors, including many older investors and retirees. Some of her advisory clients took money out of their retirement accounts to invest with Bennett.<\/p>\n

Prosecutors contend that the former financial adviser, who is also an ex-radio show host, used investors\u2019 money to pay back earlier investors in Ponzi-like fashion and to fund her luxury lifestyle. This purportedly included paying priests in India to conduct religious ceremonies to keep regulators away, a $500K luxury suite at the Dallas Cowboys\u2019 stadium, and cosmetic surgery procedures.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Former Financial Adviser Now Facing Years in Prison for $20M Investor Fraud Dawn Bennett, an ex-financial adviser and the operator of Bennett Financial Group Services, has been convicted of 17 criminal charges, including securities fraud, conspiracy, bank fraud, wire fraud, and making false statements on a loan application. It took a federal jury less than […]<\/p>\n","protected":false},"author":2,"featured_media":6622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3781,3738,3792,3803],"tags":[3168,2781,3169],"class_list":["post-6620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-advisers","category-investor-fraud","category-ponzi-scams","category-senior-investors","tag-bruce-j-fixelle","tag-dawn-bennett","tag-edward-lee-moody-jr"],"yoast_head":"\nInvestment Advisor Fraud: Dawn Bennett is Convicted in $20M Ponzi Scam, Guilty Plea Reached in $6.1M Fraud, and Genesis Advisory Services Operator Settles SEC Charges — Investor Lawyers Blog — October 18, 2018<\/title>\n<meta name=\"description\" content=\"The SEC\u2019s complaint contends that Fixelle targeted friends he knew through a local community group. 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