Scam Alert: Financial Advisor Charged

By: WOWT Email
By: WOWT Email

We're learning about a scam that reminds us all to only share personal information with someone we know well.

Thousands of people were duped by a financial adviser who abused his position.

Surveillance images caught Andrew Myers spending a lot of money, although none of it was his.

He's been linked to more than 57 cases of identity theft.

"He stole clients information and identity profiles from both his customers and his fellow co-workers and then performed changes of addresses and opened various bank accounts in his name," said Douglas Biel, US Postal Inspector.

Myers worked for Northwestern Mutual selling both investments and insurance. But his own quest for money led to his downfall.

Judy Cohen didn't know Myers, but she was one of his victims.

"You just can't believe a total stranger would target you and steal your identity," said Cohen.

Fortunately, Judy's bank promptly alerted her and her husband that someone was applying for charge cards in their names. It's a type of case Lincoln Police see all too often. But there are simple ways to prevent it from happening.

"Bank online and check that account every single day," said LPD Officer Erin Spilker. "If anything doesn't look right or looks suspicious or it's a charge you didn't make, contact your bank."

Also, get credit reports at least once a year. Some companies offer them for free.

It's advice Judy can relate to. "The easiest thing to do is not stick your head in the sand - quit pretending that it's not going to happen to you. It will."


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