JOHN M. BABIARZ (CRD# 3047247), a New England financial advisor, has admitted to stealing $645,000 from his elderly clients. One of the elderly clients considered Babiarz a friend until she found out that a large portion of her savings was gone. Babiarz told his client he was liquidating some of her investments to purchase Facebook […]

JOHN M. BABIARZ (CRD# 3047247), a former broker from Peabody, Massachusetts, was sentenced to four years in federal prison and could lose his home, car, his investment account and $645,000 he admitted stealing from his elderly clients. Babiarz, 40, plead guilty in May to wire fraud and aggravated identity theft. Babiarz contacted several of his […]