Ross Haugen faces more felony counts in separate case alleging he took $2.5 million from Walsh County clients Under an agreement with the prosecution, a former stockbroker in Grafton, N.D., and Grand Forks, pleaded guilty this week to two counts of acting as an unregistered financial advisor.
Attorney General Wayne Stenehjem said the so-called “grandparent scam” persists in North Dakota. In the scam, a con artist calls a senior citizen, pretending to be a grandchild with an emergency and asks for money.
Associated Press/Forum Communications
, January 18, 2010
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