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Trusted Advisor Accused of $17M Fraud Scheme to Fund Lavish Lifestyle

Summary by MyChesCo
PHILADELPHIA, PA — Federal authorities have announced charges against Scott Mason, a 66-year-old investment advisor from Gladwyne, Pennsylvania, for his alleged involvement in two fraudulent schemes that misused over $17 million in client funds. According to the criminal information filed by the United States Attorney’s Office, Mason, through his advisory firm Rubicon Wealth Management LLC, allegedly misappropriated funds from 13 clients between…
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