ADVERTISEMENT
Related topics

FBI seeks help finding missing Georgia financial adviser

October 26, 2020 GMT

ATLANTA (AP) — An Atlanta area financial adviser suspected of defrauding victims out of hundreds of thousands of dollars that went missing more than a month ago and is being sought by federal authorities, the FBI said Monday.

Christopher Burns, 37, is charged with mail fraud and a federal warrant for his arrest was issued Friday, according to online court records.

Burns left his home in Berkeley Lake a day before he was supposed to give documents related to his business to the Securities and Exchange Commission, the FBI said in a news release.

The vehicle he was driving was found abandoned in nearby Dunwoody and copies of three cashiers checks totaling more than $78,000 were found inside, the FBI says. The agency is seeking the public’s help to find Burns.

ADVERTISEMENT

Burns did business through several companies, including Investus Advisers, LLC, Investus Financial, LLC, Dynamic Money and Peer Connect, LLC. Anyone who did business with him and may be a victim is asked to report it to the FBI.

Burns offered his friends, family and clients an investment opportunity in a “peer to peer” lending program offering “attractive returns in short periods of time,” according to a sworn statement from an FBI agent filed in court. The investors were told their money was to be loaned to businesses in need of financing with little or no risk, and they received promissory notes associated with the investment.

Multiple investors have reported that payments due on their promissory notes have not been paid as promised, and Burns stopped responding to phone calls and emails, the agent wrote.

Burns, who is also being investigated by the IRS, was supposed to turn over documents to the SEC on Sept. 25. Burns’s wife filed a missing person report with police in Gwinnett County that day, saying she had not been in touch with him since the evening before. Burns had told his wife he was going to his parents’ home in North Carolina, but they never saw him and were not expecting him, the agent’s statement says.