Broker Commits Suicide After Being Charged with Fraud and Forgery

JEROME P. BONNETT JR (CRD# 2143822) (JEROME "JOE" BONNETT JR, JEROME PATRICK BONNETT, JR.) 51 years-old, from Omaha, Nebraska, killed himself in May, 2016, after his Bonnett Wealth Management began unraveling, with allegations that he paid old investors with proceeds from new ones, borrowed money from clients and forged documents. Also in May, Bonnett was charged with two felonies — first-degree forgery and insurance fraud.
On May 20, Bonnett Wealth Management, had its assets frozen by the state. They were investigating claims of mismanaged investor funds for personal use.  Jerome "Joe" Bonnett Jr’s fraud was estimated at nearly $1.35 million.
Many of Bonnett’s victims were close friends and family members, part of his inner circle, who were scammed in his investment fraud. Eight of the investors are named as beneficiaries of a $3.2 million life insurance policy Bonnett took out more than two years before the suicide.  There are several others not covered by the life insurance who appear to have sustained losses from the fraud.
Jerome "Joe" Bonnett Jr, was registered in the securities industry for 31 years and was employed for 20 years (from 01/1995 to 10/2015) with:
SECURITIES AMERICA, INC. - OMAHA, NE
If you were a victim of Jerome "Joe" Bonnett Jr formerly with Securities America, Inc. of Omaha, Nebraska, or any other broker who recommended you invest in a Ponzi-like scheme, call Soreide Law Group and speak to a lawyer regarding the possibility of recovering your losses at:  888-760-6552.
Soreide Law Group represents our clients nationwide and operates on a contingency fee.