Last updateSat, 31 Jan 2015 4pm

Kander recovers $1.6 million for investors

Missouri Secretary of State Jason Kander Thursday announced that his office has recouped more than $1.6 million in investors’ savings that was misappropriated by a former employee of Merrill Lynch, Pierce, Fenner & Smith Incorporated. The former agent, Greg John Campbell, operated a complex, four-year fraudulent scheme involving unauthorized activity in the accounts of Merrill Lynch clients, including changing clients’ addresses, transferring money from client accounts to pay for personal expenses, and forging letters of authorization from client accounts.

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