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Nov. 13, 2018 ( Courtesy of CBC.ca) – A Winnipeg financial adviser is under police investigation for allegedly manipulating his cognitively impaired 78-year-old client into lending him $200,000 under “false pretence,” according to documents filed in court.
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Wosotowsky worked for Metlife Securities in the capacity of a certified licensed financial planner, according to information presented to the court.Judge Cohill viewed this as a serious offense and did not recognize Wosotowsky’s gambling addiction as sufficient reason for a reduced sentence.
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On several occasions, the article noted similarities between investing and gambling. The article even featured a bond trader-turned-professional gambler who said “Wall Street is just a form of legalized gambling.” Is investing just a form of gambling? For many investors, the answer may be “yes.” But it doesn’t have to be. Gambling identity and financial adviser accused of running ... A gambling industry identity and a financial adviser are accused of operating a major cocaine syndicate from a St Kilda apartment following a three-month surveillance operation by Victoria Police.
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