Wednesday - September 3, 2025
SUSPENDED BROKER CHARGED FOR ONLINE INVESTMENT FRAUD
August 23, 2025
NEW YORK, Aug. 23 -- The office of the U.S. Attorney for the Southern District of New York posted the following news release:

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SUSPENDED BROKER CHARGED FOR ONLINE INVESTMENT FRAUD

Kenneth Thom Raised Nearly $800,000 From Facebook Followers, Posted Fake Performance Updates to Hide His Trading Losses, and Misappropriated Client Funds for Luxury Purchases

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United States Attorney for the Southern District of New York, Jay Clayton . . .

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