March 6, 2017 Comments (0) Current Investigations, Securities Fraud

Former Broker Jean Walsh-Josephson and husband die in murder-suicide

Adam C. Smith

Thrivent Financial Former Advisor Dies During Securities Fraud Trial

The sheriff of Winnebago County, Wisconsin reported that former financial advisor Jean Walsh-Josephson and her husband, Dewey Josephson, were found shot to death in a murder-suicide. Walsh-Josephson was in the middle of a two week trial for allegedly stealing money from elderly clients.

The couple was found in their home in Utica after Jean Walsh-Josephson failed to show up for trial on February  27,  2017.

The sheriff said at a news conference that Dewey Josephson, 59, shot his wife, Jean Walsh-Josephson, 57, then turned the shotgun on himself. He said both appeared to have been involved in planning the incident and said their farewells. Their bodies were found in a bedroom and they had written their own obituaries and a letter to loved ones.

Jean Walsh-Josephson Securities Fraud Investigation

As we wrote about in 2015, Jean Walsh-Josephson was charged with forgery and theft in September 2015 while managing financial portfolios. Most of her victims allegedly were elderly clients.

Prosecutors allege that she stole more than $4 million from at least 14 victims going back about a decade, but the actual 39 counts involved the thefts of $1.4 million from seven clients in Winnebago and Outagamie counties, the Oshkosh Northwestern reported.

According to her FINRA Broker Report, Walsh-Josephson was registered  with Thrivent Financial in Oshkosh, WI from 07/30/1996 until 09/03/2015 when she was discharged. She was permanently barred from the securities industry by FINRA in 1/2016.

This information is publicly available and is being provided provided by The White Law Group. The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.

For a free consultation with a securities attorney at The White Law Group, please call 888-637-5510.