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January 22, 2015
Boston Area Broker Sentenced to 4 Years in Prison for $650,000 Theft from Elderly Clients

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 […]

September 17, 2014
Former Massachusetts Broker Sentenced to Four Years in Federal Prison for Bilking his Elderly Clients

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 […]

May 23, 2014
Boston Area Broker Pleads Guilty to Wire Fraud and Identity Theft after Bilking Elderly Clients out of their Retirement Funds

Soreide Law Group is currently investigating possible claims against JOHN M. BABIARZ (CRD# 3047247), a 40 year-old investment advisor from Peabody, MA, formerly employed with Bishop, Rosen & Co. of Newton, MA. Babiarz has pleaded guilty in US District Court to wire fraud and aggravated identity theft. He allegedly defrauded several clients out of their […]

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