Thursday, November 28, 2013

Accused Hunterdon Professionals Await Trial

Not every investment advisor can be trusted. If you don’t believe that statement, just look at Hunterdon County finance director Kimberly Browne and the count’s treasurer, Margaret Pasqua, who are both awaiting trial for various financial misdeeds of which they are accused.
The two women were allegedly caught engaging in illegal and unscrupulous acts after the county was audited by two auditing firms— Wiss & Co and Donohue and  Gironda, and Doria noticed errors and inconsistencies within the county’s annual report. Among the issues with the report were inaccurate year-end financial statements, unqualified or deceased employees who were still getting benefits, and improper Medicare billing practices.


No one yet knows what’s in store for Browne and Pasqua, but things aren’t looking bright for the pair. Regardless of what happens to these two, however, an important lesson can be learned from their story: be careful about who you hire as your investment advisor. Of course, you don’t really have to worry about being careful if you choose the right financial service from the start, such as Platinum Financial Associates of Naperville.
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