201703

AG Brnovich Kicks Off AZ Consumer Protection Week

PHOENIX - In recognition of Arizona Consumer Protection Week, Attorney General Mark Brnovich released a list of the Top AZ Consumer Fraud Complaints received in 2016.  The Attorney General’s Office received more than 15,000 consumer complaints and recovered more than $3.9 million dollars for Arizona consumers in 2016.

“Con-artists are constantly creating new schemes to steal money from hardworking Arizonans,” said Attorney General Mark Brnovich. “Education is the key to protecting yourself and your loved ones.”

Former Investment Advisor Indicted

PHOENIX - Attorney General Mark Brnovich announced a State Grand Jury indicted 57 year old former investment advisor Richard Mark Schmerman for his alleged misappropriation of over $800,000 of his client’s funds.  Schmerman is facing charges of Fraudulent Schemes & Artifices, Theft, Forgery, & Criminal Impersonation. The Arizona Corporation Commission’s Securities Division investigated and referred the case to the Arizona Attorney General’s Office for prosecution.