SEC Moves to Freeze Assets of Former WEG Advisor Accused of Fraud

A federal court has frozen the assets of a former California advisor who allegedly stole $2.25 million from her clients.

The Securities and Exchange Commission says Julie Anne Darrah, who had led Vivid Financial Management in Orcutt, Calif., consented to the asset freeze along with a temporary injunction as the case moves forward. The SEC says it is seeking a permanent injunction as well as repayment of the money she allegedly misappropriated from clients, interest, and a civil monetary penalty.

The…