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Wealth Professional | 04 Jun 2015, 09:15 AM Agree 0
A one-time mutual fund salesperson faces the music in a case that’s been ongoing since 2009.
  • Ken MacCoy, CHS | 04 Jun 2015, 10:38 AM Agree 0
    McDonald got away with $439,000 in 2010 and a slap on the wrist by the 'regulators' and no jail time. He must have figured he could rip-off client's a 2nd time and get away with it.

    So, he gets 2 years ... but is out in 8 months.

    That's not enough of a deterrent! We already know McDonald ignores bans.

    Odds are he's back for a 3rd 'kick at the can'.
  • Dalena McLean | 04 Jun 2015, 01:22 PM Agree 0
    While I wish I felt differently I fully agree with you Ken.
  • Gregory East | 26 May 2016, 09:52 AM Agree 0
    I was the 8th investor in Mr McDonald's 2010 numbered company fraud with the largest investment ,I can see him going back to soon I hope.
    That $36,000 the ASC had frozen was mine.
  • | 03 Sep 2017, 10:29 AM Agree 0
    He's still at, he's "kicked the can" for a 3rd time. Some people never learn, hope he gets a longer sentence this time around. He dropped (not changed) his last name in hopes no one would find out about him. Wonder what his next sentence will be? The latest is now he fraudently stole from a family member.
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