Man faces accusation of fraud - al.com

Man faces accusation of fraud - al.com: "An Orange Beach man has been charged by federal prosecutors with lying about his qualifications as a certified public accountant in order to lure Louisiana investors, whose retirement funds the government accuses him of pumping into risky, high commission securities.

David Lester McFadden, 62, is scheduled to be arraigned on a felony securities fraud charge this afternoon in New Orleans federal court."