Lavonne Kuykendall
Investment News
March 28, 2011
James J. Konaxis, a former broker, has been charged with defrauding the widow of a victim of the Sept. 11, 2001, attack on the Pentagon of much of her victim compensation settlement money.
Fresh food that lasts from eFoods Direct (Ad)
The Securities and Exchange Commission said last week that it had charged the Beverly, Mass.-based broker with churning the victim’s accounts, which fell to about $1.6 million in value, from $3.7 million, between April 2008 and last May. During that time, Mr. Konaxis earned about $550,000 in commissions on the accounts of the victim, who was identified only as “S.T.”
The Emergency Election Sale is now live! Get 30% to 60% off our most popular products today!