Main Line Investment Advisor Stole Millions From Clients: Authorities

Gladwyne Investment Adviser Charged With Misappropriating More Than $17 Million from Clients – DV Journal

(From a press release) United States Attorney Jacqueline C. Romero announced that Scott Mason, 66, of Gladwyne, was charged by criminal information with

Main Line investment manager is charged with stealing millions from his clients

Scott Mason, who operated Rubicon Wealth Management in Montgomery County, is accused of taking at least $17 million from clients’ accounts to finance his Main Line lifestyle.

Main Line Investment Advisor Stole Millions From Clients: Authorities

Main Line Investment Advisor Stole Millions From Clients: Authorities - Bryn Mawr-Gladwyne, PA - Scott Mason, through his investment firm, stole millions of dollars from clients — many friends and family — Pennsylvania authorities said.

SEC Charges Pennsylvania Advisor Who Used Client Funds on Country

Scott J. Mason of Rubicon Wealth Management defrauded at least 13 advisory clients out of more than $20 million, spending it on country club dues and a miniature golf course in New Jersey, the regulator claims.