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Article: Former Toledo, Ohio, broker convicted of fraud looks to make amends.
- Article from:
- The Blade (Toledo, OH)
- Article date:
- January 16, 2005
CopyrightCOPYRIGHT 2005 The Blade. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Homer Brickey
Jan. 16--GRAND RAPIDS, Ohio -- Ted Wolfram makes no excuses for his crimes in the 1970s and 1980s. They were frauds that destroyed the 85-year-old Toledo brokerage firm Bell & Beckwith and hurt his family, his partners, and many of the firm's 7,000 customers.
"There are no reasons for unethical behavior, period," said Wolfram, 74, who was released from federal prison in 1993 after serving 10 years of a 25-year sentence. "There are a million excuses but not one reason. a I make no excuses for what happened to me. It was my fault entirely."
Wolfram, a Maumee native, tries to get executives who may be facing prison terms to ...