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Former Parkville financial advisor convicted of fraud and obstructing justice
Summary by Nottingham MD
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Former Parkville financial advisor convicted of fraud and obstructing justice
PARKVILLE, MD—A Baltimore County jury has delivered a guilty verdict against former insurance agent and financial advisor Michael C. Okolo, 68, of Parkville, for two counts of insurance fraud and one count of obstruction of justice, Maryland Attorney General Anthony G. Brown announced on Monday. The conviction stems from Okolo’s misappropriation of a client’s funds intended for life insurance and annuity policy premiums. Specifically, after the …
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