Investment Advisory Services
Strategic Wealth Advisors Group Services IncFind BBB Accredited Businesses in Investment Advisory Services.
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This business has 1 alert
Important information
- Government Actions:Government Action: BBB reports on known government actions involving business’ marketplace conduct:The Securities and Exchange Commission v Mark J Boucher and Strategic Wealth Advisor Group Services Inc
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On February 8, 2022, Mark J Boucher and Strategic Wealth Advisor Group Services Inc entered into an Order Denying Defenfants' Renewed oion to Stay and Granting Plaintiff's Motion for Summary Judgment on Liability with the Securities and Exchange Commission. The summary judgment settles allegations that the business engaged in fraudulent scheme resulting in the theft of more than $2 million of client investment funds. Mark Boucher allegedly stole significant sums of money from the investment accounts, forged checks and falsified documents to misappropriate client money. A separate remedies stage will be required for the purpose of determining disgorgement and penalties.
This action is final.
Business Details
- BBB File Opened:
- 2/26/2021
- Business Started:
- 2/23/2021
- Type of Entity:
- Sole Proprietorship
- Alternate Names:
- Strategic Wealth Advisors Group Svcs Inc
- SWAG
- Business Management:
- Mr. Mark J Boucher, President
Additional Contact Information
- Principal Contacts
- Mr. Mark J Boucher, President
- Customer Contacts
- Mr. Mark J Boucher, President
Licensing information
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Additional Information
- Business Categories
- Investment Advisory Services
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