Wife to missing Atlanta adviser: 'Turn yourself in'

Wife to missing Atlanta adviser: 'Turn yourself in'
Chris Burns is facing mail fraud charges from an alleged scheme that defrauded dozens of clients of more than $10 million. "It’s time," Meredith Burns said in a TV interview. "He needs to be brought in for these crimes."
MAR 22, 2021

The wife of missing Atlanta financial adviser Chris Burns has taken to the airwaves, and in an interview with a local news broadcast implored her husband to give himself up to the authorities.

Burns is facing mail fraud charges from an alleged scheme that defrauded dozens of clients more than $10 million and has not been heard from in six months. "It’s time," Meredith Burns told WSB TV in a story posted Monday morning to its website. "Turn yourself in."

Chris Burns, 39, has been on the lam since Sept. 24. That was one day before he was supposed to turn over documents related to his businesses to the Securities and Exchange Commission, according to the FBI's Most Wanted profile of Burns.

A month later, the FBI charged the adviser with mail fraud. In November, the SEC followed up with its own complaint, alleging that the adviser had become "even more brazen" as his alleged scheme neared collapse.

As part of his scheme, Burns allegedly lied to clients that he was investing their money in a “peer-to-peer” lending program in which loans were backed by collateral, according to the FBI. In reality, the collateral touted by Burns allegedly did not exist or was worth substantially less than the adviser represented.

The host of a local weekly radio show, Burns conducted business through a number of entities, including Investus Advisers, Investus Financial, Dynamic Money and Peer Connect, according to the FBI.

During the interview with WSB TV news, Meredith Burns was asked where her husband might have gone. "I have no idea," she replied. "It was just lies, constantly."

She was then asked whether if she had any indication back in September that her husband was about to leave. "No. I literally had family pictures scheduled for that Sunday," she said.

Chris Burns' mood was "kind of like up and down," and he was busy with lots of paperwork right before he left.

And when he fled, she collapsed in the driveway because she realized something was extremely wrong. "So I called the police," Meredith Burns said. "He needs to be brought in for these crimes."

Latest News

Advisor moves: JPMorgan lands $940M Merrill veteran in Los Angeles
Advisor moves: JPMorgan lands $940M Merrill veteran in Los Angeles

Wells Fargo and UBS also add advisors from Morgan Stanley, Edward Jones, Merrill and Fidelity in a fresh round of wirehouse recruiting

Wall Street products, Main Street regulators
Wall Street products, Main Street regulators

How we got here – and what to do about it

Most Americans are OK with AI managing their money - but not how you think
Most Americans are OK with AI managing their money - but not how you think

AI trust gap: Americans want protection, not autonomy, in their finances

Goldman Sachs names record partner class with wealth in focus
Goldman Sachs names record partner class with wealth in focus

One in three of Goldman's 109 new partners comes from asset and wealth management, signaling the division's growing strategic weight.

Advisor moves: Raymond James, Ameriprise and Cetera land $2B-plus in talent
Advisor moves: Raymond James, Ameriprise and Cetera land $2B-plus in talent

Three firms secure experienced wealth management teams as advisor recruiting competition intensifies across the US.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor