Page Perry

John Kell, writing for the Wall Street Journal, recently exposed a pattern of securities fraud against a congregation of nuns living in the Bronx, New York. The broker, Paul George Chironis, settled with the Securities and Exchange Commission (SEC) when convicted of churning 2 accounts owned by the Sisters of Charity ? one account held money for the care of nuns in assisted-living facilities and the other account supported the nuns’ charitable endeavors ? all occurring during 2007. At that time, Mr. Chironis was affiliated with Capital Growth Financial in Boca Raton, FL.