WASHINGTON, March 19 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
United States Attorney for the Southern District of New York, Jay Clayton, announced that KENNETH THOM, a/k/a "K$," a/k/a "K Money," pled guilty today before U.S. District Judge Edgardo Ramos to investment adviser fraud. THOM is scheduled to be sentenced by Judge Ramos on June 25, 2026.
"Kenneth Thom pretended online to be a successful investor and adviser when in fact he was a suspended broker and grifter," said U.S. Attorney Jay Clayton. "He recruited social media followers, convinced them to invest with him, and then stole their money. Our Office will continue to work with our law enforcement ...