|By Scott Daugherty, The Virginian-Pilot|
The owner of
The only problem: It was a fraud, according to court documents.
According to court documents, Abernathy stole almost
Documents said he was pocketing most of his clients' money and never investing it. What he did invest was placed in his personal E-trade accounts, which lost money.
Abernathy prepared fraudulent quarterly statements to conceal from his clients his theft and "unsuccessful trading strategy," documents said.
Abernathy, formerly of
Abernathy — who also sold life insurance — previously worked for
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