Former Oregon investment advisor owes more than $1.6M after scamming clients

Former Oregon investment advisor owes more than $1.6M after scamming clients

Investigators estimate the 54-year-old Baker City man defrauded at least 14 investors out of more than $1.6 million in losses.

Baker City man pleads guilty to Investment Fraud

BAKER CITY — (Press release from the U.S. Attorney’s Office – District of Oregon A Baker City, Oregon, man pleaded guilty today after stealing his clients’ shares of stocks, selling them, and transferring the proceeds into his personal bank account for almost 17 years, announced U.S. Attorney Scott E. Bradford for the District of Oregon. Jeffrey Thomas Higgins, 54, pleaded guilty to investment advisor fraud. According to court documents, from De…