NC Man Indicted On 33 Counts Of Securities Fraud

North Carolina securities officials say a 51-year-old Wake County man has been indicted on 33 counts of securities fraud and other charges.

Hugh Anthony Wilson of Morrisville was being held on $150,000 bail Thursday at the Orange County jail. There was no attorney listed for Wilson.

Investigators with the Secretary of State's securities division say nine victims lost a total of $220,000 to Wilson between late 2005 and early 2007. Wilson worked as a securities salesman at Ameriprise Financial Services in Chapel Hill. He was fired in August 2007.

Investigators say he persuaded several clients to write checks to him to invest in options trading outside the brokerage house. Investigators say Wilson kept the money instead of investing it.

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  • by Devil Dog Location: New Bern on Oct 3, 2008 at 05:17 PM
    The LIBERALS will blame it on BUSH!!!!
  • by Drew Location: Greenville on Oct 3, 2008 at 08:23 AM
    Best punishment is to cuff him and let his clients have 15 mins in a locked room with him.
  • by VBush Location: MHCY on Oct 3, 2008 at 04:57 AM
    These so called 'white collar' criminals should go to the same prisons as the murderers and thugs.

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