{"id":17964,"date":"2018-02-23T23:14:22","date_gmt":"2018-02-24T04:14:22","guid":{"rendered":"http:\/\/www.wvih.com\/wp1\/?p=17964"},"modified":"2018-03-05T21:14:16","modified_gmt":"2018-03-06T02:14:16","slug":"financial-adviser-charged-with-fraud","status":"publish","type":"post","link":"https:\/\/www.wvih.com\/wp1\/index.php\/2018\/02\/23\/financial-adviser-charged-with-fraud\/","title":{"rendered":"Financial Adviser Charged With Fraud"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"823\" data-permalink=\"https:\/\/www.wvih.com\/wp1\/index.php\/2015\/09\/22\/police-turn-up-heat-on-drug-pushers\/handcuffed-hands\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.wvih.com\/wp1\/wp-content\/uploads\/2015\/09\/Handcuffed-Hands.jpg?fit=300%2C225&amp;ssl=1\" data-orig-size=\"300,225\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Handcuffed Hands\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.wvih.com\/wp1\/wp-content\/uploads\/2015\/09\/Handcuffed-Hands.jpg?fit=300%2C225&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/www.wvih.com\/wp1\/wp-content\/uploads\/2015\/09\/Handcuffed-Hands.jpg?resize=300%2C225\" alt=\"\" width=\"300\" height=\"225\" class=\"alignnone size-medium wp-image-823\" \/><br \/>\nA Louisville financial adviser has been charged with investment adviser fraud, money laundering, aggravated identity theft and wire fraud.<!--more--><\/p>\n<p>The U.S. Attorney&#8217;s office in Louisville says the indictment is part of a large sweep by law enforcement focusing on elder fraud. The indictment against 34 year-old Derek Payne Burcham Thursday (2\/22) alleges the financial adviser fraudulently obtained more than $800,000 by misappropriating money from investors. Burcham was the former principal owner of Cornerstone Benefit Advisors.<\/p>\n<p>The alleged fraud occurred between 2011 and 2016, and the indictment alleges Burcham used the funds to support his lifestyle and to cover operating expenses.<\/p>\n<p>The wider sweep by the U.S. attorney and other law enforcement includes more than 250 defendants worldwide involved in schemes that cost elderly clients more than a half-billion dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Louisville financial adviser has been charged with investment adviser fraud, money laundering, aggravated identity theft and wire fraud.<\/p>\n","protected":false},"author":3,"featured_media":823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[59],"tags":[],"class_list":{"0":"post-17964","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.wvih.com\/wp1\/wp-content\/uploads\/2015\/09\/Handcuffed-Hands.jpg?fit=300%2C225&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6aKAp-4FK","jetpack-related-posts":[],"jetpack_likes_enabled":true,"publishpress_future_action":{"enabled":false,"date":"2026-05-02 15:07:22","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/posts\/17964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/comments?post=17964"}],"version-history":[{"count":3,"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/posts\/17964\/revisions"}],"predecessor-version":[{"id":17967,"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/posts\/17964\/revisions\/17967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/media\/823"}],"wp:attachment":[{"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/media?parent=17964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/categories?post=17964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wvih.com\/wp1\/index.php\/wp-json\/wp\/v2\/tags?post=17964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}