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Greenwich Investment Advisor Imprisoned for Defrauding Clients of $2.7 Million Through Cherry-Picking Scheme

Deirdre M. Daly, United States Attorney for the District of Connecticut - Greenwich Free Press

“Cherry-picking” is a fraudulent securities trading practice in which the responsible individual executes trades without assigning those trades to a particular trading account until the individual determines whether or not the trade has become profitable or suffered losses.  The responsible individual then allocates the profitable trades to favored accounts – often the individual’s own accounts – and assigns unprofitable trades to disfavored client accounts. Continue Reading →

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Greenwich Woman Arrested for Alleged Risk of Injury to a Child at Grace Daycare & Learning Center

Greenwich Police Special Victims Section investigated allegations that the woman had been abusive towards a child under her care as a teacher at the Grace Daycare and Learning Center. The parents of one of the two-year-old children observed the mistreatment of their child on a live video feed provided to all parents by the facility. Continue Reading →

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