Ohio Broker Sentenced in Fraud Case

Jeffrey G. Kelly, 45, of Hilliard, Ohio, owner and operator of Superior Financial Resources, LLC, J.G. Kelly Financial Group, LLC, J.G. Kelly Equities Group, LLC, and JGK Group, was sentenced by a federal judge sentenced to 60 months in prison for defrauding investors of $1.5 million. According to prosecutors, those investors were not just his clients, but they included friends, family and church members. Allegedly, Kelly took their money to invest, but instead used the money for his own expenses, both business and personal, and also took in new money to pay old investors. Between 2006-2011, Jeff Kelly took in $1,523,710 from his unsuspecting clients.

A federal grand jury indicted Jeffrey Kelly, December, 2012. Kelly pleaded guilty, May 30, 2013, to wire fraud and interstate transportation of a security taken by fraud. Kelly has also been ordered to pay over $1.1 million in restitution to the victims, and serve three years on supervised release after his prison term of 60 months. Kelly begin serving his prison sentence immediately.

Jeffrey Garland Kelly CRD# 2547707 was previously registered with the following FINRA firm(s) according to FINRA's BrokerCheck:

QUESTAR CAPITAL CORPORATION (CRD# 43100) - DUBLIN, OH
10/2009 - 11/2010

WRP INVESTMENTS, INC. (CRD# 7365) - DUBLIN, OH
10/2006 - 11/2009

WOODBURY FINANCIAL SERVICES, INC. (CRD# 421) - DUBLIN, OH
04/2004 - 10/2006

AMERICAN GENERAL SECURITIES INCORPORATED (CRD# 13626) - PHOENIX, AZ
03/2002 - 09/2003

MML INVESTORS SERVICES, INC. (CRD# 10409) - SPRINGFIELD, MA
06/2001 - 12/2001

PRUCO SECURITIES CORPORATION (CRD# 5685) - NEWARK, NJ
01/1995 - 06/2001

If you feel you have a claim against former broker Jeffrey G. Kelly, call 888-760-6552. Soreide Law Group represents clients nationwide before FINRA. If you have sustained investment losses due to your stock broker/financial advisor’s recommendations, call today for a free consultation on how to potentially recover your losses.