Skip to main content

Adviser accused of stealing $1.2M from client

By WTOP Staff

GREENBELT, Md. (AP) — An investment adviser has been indicted on wire fraud and money laundering charges for allegedly stealing $1.2 million from a client’s account.

An indictment was returned Wednesday against 35-year-old Travis Wetzel of Frederick. Federal prosecutors say Wetzel was arrested on Thursday. Online court records do not list a lawyer for Wetzel.

According to the 24-count indictment, Wetzel worked for an investment advisory firm in Rockville. Prosecutors say Wetzel took $1.2 million from a client’s annuity account without the client’s knowledge and used the money for his personal benefit.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
Read Next Story

Related News

Help! My Child Is ‘Failing to Thrive’

More than 200 sickened aboard Baltimore cruise ship

Unsafe in any freeze: Some 4WD vehicles have major limitations