He recruited investors through educational programs on YouTube and by publishing books and appearing on radio programs, but he pocketed clients’ assets rather than fulfilling his promises to invest the money in real estate.
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St. Louis area financial advisor Bryan Binkholder has been sentenced to nine years in federal prison and must repay victims $3.6 million after pleading guilty to wire fraud and bank fraud. So reports the St. Louis Post-Dispatch.
He recruited investors through educational programs on YouTube and by publishing books and appearing on radio programs, but he pocketed clients’ assets rather than fulfilling his promises to invest the money in real estate.