Advisor Christopher Burns, Hunted by FBI, Ordered to Pay $12M


What You Have to Know

  • Advisor Christopher Burns disappeared in 2020 after allegedly scamming about 100 traders as a part of a Ponzi scheme involving unlawful promissory notes.
  • If he's ever discovered, Christopher Burns can be accountable for a civil penalty of $652,629.
  • Burns’ ex-wife known as on him in March 2021 to present himself up.

A monetary advisor who’s been lacking for almost two years and was positioned on the FBI’s Most Needed listing has been ordered to pay $12 million to his victims in Georgia, North Carolina and Florida, in line with The Atlanta Journal-Structure.

A federal court docket has entered a default judgment within the Securities and Change Fee’s lawsuit in opposition to Christopher Burns and his corporations: Investus Advisers LLC, which did enterprise as Dynamic Cash; Investus Monetary LLC; and Peer Join LLC.

“They need to pay greater than $12 million, Choose William M. Ray II lately dominated,” in line with the paper. Burns, if he's ever discovered, can be accountable for a civil penalty of $652,629, the Journal wrote.

Burns was final seen on Sept. 24, 2020, someday earlier than he was supposed to show over paperwork to the SEC, in line with the FBI.

Burns’ ex-wife of known as on him final March to present himself up.

The Atlanta-area advisor has been hunted by the FBI for allegedly scamming about 100 traders as a part of a Ponzi scheme involving unlawful promissory notes.

In an interview in March 2021 with a WSB TV reporter in Georgia, Meredith Burns, the previous spouse of Burns, known as on her ex-husband to “flip your self in,” saying “it’s time.” She additionally instructed the reporter she had “no concept who I used to be residing with” and “had no clue” that he was planning to divorce her and go away.

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