News

U.S. Attorney charges local financial adviser with fraud

U.S. Attorney charges local financial adviser with fraud

Photo: clipart.com

KGMI News Reporting
By Mike Curtiss

BELLINGHAM, Wash. – A financial adviser in Bellingham is accused of stealing more than a quarter-million dollars from his clients.

Jeffrey Knutsen was the owner of Bellwether Wealth Management.

He was barred from financial advising by regulators in 2005 after a complaint that he embezzled from a customer’s account.

But Emily Langlie with the U.S. Attorney’s office says he kept working with clients and draining their retirement money.

Knutsen was arrested yesterday on charges of wire fraud.

He could get up to 20 years in prison if he’s found guilty.

Langlie says the Financial Industry Regulatory Authority website www.finra.org allows people to check an adviser’s background for free.

Recent Headlines

in Entertainment

Today in entertainment history: Oct. 24

Fresh
jamesbrown

A look back on some of the Hollywood headlines that made history.

in Local Sports

Miller has 31 saves, Canucks beat Blues 4-1

Vancouver Canucks' Henrik Sedin (33), of Sweden, talks with Alexander Edler (23), of Sweden, during a timeout in the first period of an NHL hockey game against the Phoenix Coyotes Thursday, Jan. 16, 2014, in Glendale, Ariz. The Coyotes defeated the Canucks 1-0.

Vancouver snaps 2 game losing skid with win over St. Louis

in Sports

Manning, Sanders lead Broncos past Chargers 35-21

FILE - In this Jan. 12, 2014 file photo, Denver Broncos quarterback Peyton Manning calls an audible at the line of scrimmage against the San Diego Chargers in the second quarter of an NFL divisional playoff football game in Denver. Folks who watched the Broncos' NFL playoff win over the San Diego Chargers on television Sunday couldn't help but notice how often, and loudly, Manning used the code word "Omaha" as he barked signals. Greater Omaha Chamber of Commerce president and CEO David Brown said he wants to explore the possibility of hiring Manning, one of the sporting world's top pitchmen, to shoot a promotional ad for Omaha.

Peyton Manning threw 3TD passes - all to Emmanuel Sanders - as the Broncos knocked off the Chargers Thursday Night

in Sports

Steve Nash ruled out for season with back injury

Steve Nash

The Lakers and Nash announced their decision Thursday, less than a week before the start of the 40-year-old Nash's 19th NBA season.

in Local Sports

WWU: Men’s soccer team & volleyball crew victorious

western washington logo generic copy/wwu

Vikings score twice in less than two minutes midway through first half to win for the fifth time in their last six games, improving to 7-6-1 overall and 5-4-1 in GNAC play.