Call Now For a Free Consultation:
(614) 502-6165

Former J.P. Morgan Adviser Receives 5-year Prison Sentence

After admitting to embezzling roughly $20 million during trial, former J.P. Morgan Chase & Co. investment adviser Michael Oppenheim was sentenced to serve five years in prison.

Oppenheim was accused of taking money from his clients’ accounts in order to trade in various stock options and fund his addiction to gambling. U.S. District Judge Analisa Torres ordered Oppenheim to forfeit $20.2 million in order to pay restitution after he pleaded guilty to securities fraud and embezzlement charges in November.

In March of 2015, Oppenheim was fired by J.P. Morgan.

Our security fraud lawyers at Meyer Wilson have been investigating claims against Michael Oppenheim for the past year. We are well aware of the situations involved in this case. Our investigations also include determining if there were supervisory errors on behalf of JPMorgan.

If you invested and lost money with former J.P. Morgan adviser Michael Oppenheim, contact our firm and learn if you have the right to file a claim. It is our goal to make sure our clients understand their rights as we work to help them recover their losses. Schedule your free consultation today to discuss your potential claim.

You can learn more about this case by reading the below blogs:

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation

Columbus Office

614-224-6000
305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

310-905-8688
2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

216-600-1355
6140 Parkland Blvd.,
Suite 330
Mayfield Heights, OH 44124
Bloomfield Hills Office

248-817-8214
41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
Follow Us
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram