Subscribe

Investment adviser used funds for personal chef, prosecutors claim

Donald Anthony Young also diverted clients' cash into a horse farm, authorities say

A suburban Philadelphia financier is facing charges that he bilked investors out of millions of dollars in a Ponzi scheme.

Federal prosecutors on Thursday charged 38-year-old Donald Anthony Young with diverting $26 million for his personal use at the investment advisory business he ran in Kennett

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Best- and worst-performing fixed-income funds

By category, ranked by one-year total returns.

A third of New Yorkers can’t retire

Large chunk of big Apple residents have small savings; 'downward mobility'

Roth 401(k) vs. traditional 401(k)? No contest

Retirement experts say the Roth version has it all over the old-school DC plan; employees still not converting, though

April Peterson: Studying for my CFP

A suburban Philadelphia financier is facing charges that he bilked investors out of millions of dollars in a…

Madison Ernst: ‘They offer a degree in that?’

A suburban Philadelphia financier is facing charges that he bilked investors out of millions of dollars in a…

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print