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A former Commonwealth Financial rep pleaded guilty Wednesday to stealing more than $3.7 million from more than 20 clients of his investment advisor business, Heritage Financial Group, according to Andrew E. Lelling, U.S. attorney for the District of Massachusetts.
Gerald Allan Eaton, 51, pleaded guilty to one count each of wire fraud, mail fraud and aggravated identity theft, as he agreed to earlier in the month as part of a plea agreement filed Sept. 21 in U.S. District Court for the District of Massachusetts in Boston.
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Jeff Berman
Jeff joined the ThinkAdvisor team as a staff reporter in July 2019. Before joining ThinkAdvisor, he was a freelance reporter for five years, covering mainly technology, business, media and entertainment news for publications including The Miami Herald, Newsday, TheStreet.com, Long Island Press and multiple American City Business Journals websites. He also reported for several consumer electronics publications and was a technology reporter for publications of the Media & Entertainment Services Alliance. Prior to that, he worked as a reporter and editor for Consumer Electronics Daily and other Warren Communications News publications for 15 years. He graduated with an MA in journalism from New York University.
