Financial adviser David McEwen fined $15,000 and banned for seven years for misconduct

Former financial adviser David McEwen was fined $15,000 and banned for seven years for misconduct. McEwen, who claimed to be overseas with no savings, was convicted of offenses involving misstatements and targeting vulnerable investors, resulting in significant financial losses for victims. The judge noted McEwen's actions corroded financial market integrity, though a significantly larger fine was sought by prosecutors.