investment adviser

Oregon investment adviser charged with wire fraud

PORTLAND, Ore. (AP) - Federal prosecutors have filed wire fraud charges against a Lake Oswego investment adviser, whom they accuse of bilking investors out of millions of dollars in a failed home-flipping scheme.

Bellevue investment adviser pleads guilty to fraud

SEATTLE (AP) — A Bellevue investment adviser has pleaded guilty to fraud and making false statements after investigators said he kept some of his clients' money as his own.Seattle U.S. Attorney Annette Hayes says 44-year-old Chris Young Yoo promised to invest the money in funds he managed, but instead used it to pay his own living and business expenses. It cost 17 clients $3.7 million. He entered his plea Monday in U.S. District Court.