Defendants told investors they were buying portfolios of bad consumer debt; instead money went to a multimillion-dollar sports car collection, casinos and jewelry.
Multop Financial, which provides wealth and tax-planning services, has as many accountants as it does advisors.
The deal is another step toward $10 billion in assets, but the CEO sees it growing much larger.
Targeting institutional assets, qplum’s personnel additions signal new growth goals.
