SEC Charges Former Army Financial Counselor Who Defrauded Gold Star Family Members
Retrieved on:
Friday, July 7, 2023
National Security Investigations Team (New Zealand), Colts Neck Township, New Jersey, United States Army Criminal Investigation Division, Gold Star, IRA, U.S. Immigration and Customs Enforcement, District court, Grief, Gold, Child, United States Department of the Army, Financial Industry Regulatory Authority, Sheldon Pollock, FBI, Security (finance), Defense Criminal Investigative Service, Death, Enforcement, United States Army
According to the SEC’s complaint, Craffy, of Colts Neck, New Jersey, was permitted to provide general financial education to service members’ families through his job as a U.S. Army financial counselor.
Key Points:
- According to the SEC’s complaint, Craffy, of Colts Neck, New Jersey, was permitted to provide general financial education to service members’ families through his job as a U.S. Army financial counselor.
- The SEC is seeking permanent injunctions, disgorgement of allegedly ill-gotten gains, plus interest, and civil penalties.
- The SEC appreciates the assistance of the U.S. Attorney’s Office for the District of New Jersey, Financial Industry Regulatory Authority, Army Criminal Investigation Division, Defense Criminal Investigative Service, FBI, and Homeland Security Investigations.
- The SEC's Office of Investor Education and Advocacy has information to help service members and their families make informed saving and investing decisions and avoid common scams.