Louisville investment adviser ordered to pay more than $830,000 is restitution for fraudulent activity

The Department of Financial Institutions (DFI) announced Tuesday that it has entered a Final Order to stop fraudulent activity by an investment adviser representative and his firm. The respondents have been ordered to pay more than $830,000 in restitution and $575,000 in fines. DFI stated that Louisville investment adviser representative Derek Burcham and his firm, Cornerstone Benefit Advisors LLC,...