Tag Archives: Patrick Churchville

Financial Advisor Sentenced to Prison for $21 million Ponzi Scheme

May 18, 2017  |   Posted by :   |   Investment and Regulatory News, Ponzi Schemes   |   0 Comments

Patrick Churchville, president of a Rhode Island investment advisor, was sentenced to seven years in federal prison in March of this year relating to a Ponzi scheme he operated since 2010. Churchville was president of ClearPath Wealth Management, LLC. In 2015 the SEC filed a civil complaint alleging that Churchville and ClearPath diverted investor deposits […]

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