Deming prosperity administration advisor accused of $10 million fraud

LAS CRUCES – A wealth management firm in Deming is embroiled in allegations of fraudulent securities choices by financial investment supervisor Martin A. Ruiz of New York.

Ruiz was arrested in New York on Aug. 12 and accused of defrauding about a dozen of his customers of extra than $10 million because 2011 by means of the Carter Bain Wealth Management agency in Deming and the RAM expense fund. 

Invoice Bryford, the expense advisor at the Carter Bain workplace in Las Cruces, claimed his very own practice and his clients’ funds were safe, not topic to any legal action and

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