CHICAGO, June 13, 2014 (GLOBE NEWSWIRE) -- Stoltmann Law Offices provides this update to victims of former Investors Capital Corp and Janney Montgomery Scott financial Advisor Patricia S. Miller. On Thursday, June 12, 2014 Patricia Miller, 67, appeared before a federal judge in Pittsburgh. She was ordered to remain in jail overnight. It appears as though she will be released on house arrest as early as today. Miller was charged on June 6, 2014 with wire fraud. If Miller is released on bond, the judge ordered she will be monitored with a GPS bracelet. According to published reports, Miller's husband and son will be responsible for monitoring her around-the-clock. She's only allowed to leave home to go to medical appointments or court appearances. She has been ordered to have no contact with the public or former clients and victims.
According to Chicago investment fraud attorney Andrew Stoltmann: "In most Ponzi scheme and theft cases there are red flags of potential misconduct. Brokerage firms who are confronted by 'red flags' of possible misconduct have an obligation to investigate and act. Fortunately for victims of Pat Miller, the FINRA arbitration process can be utilized to potentially recover some, or all, of the investment losses or converted funds by suing her former employers. We encourage victims to speak with an experienced securities lawyer in order to learn all contingency fee legal options available to them. To learn more about recovering these losses on a contingency fee basis, please visit www.PonziRecoveryCenter.com or call our securities fraud team at 312.332.4200 in Chicago, Illinois."