Local financial advisor sheds light on responsibility behind the job [Video]

WICHITA FALLS, Texas (KAUZ) – A disgraced financial advisor has pled guilty to misusing her clients’ funds. This advisor, Dusty Sternadel, admitted to wiring more than $1 million to herself for personal use.

We spoke to a Founder of Financial Money Planning who said this is not the first case like this that he’s seen in his career.

Gary Silverman said these schemes can never last, because once the money is spent all you’re doing is “robbing Peter to pay Paul.”

“It affects all of us in our business, the honest person in the business. And 99% of people in the business are honest. The honest person in the business, this is a horror story for them,” Silverman said.

Sternadel was fired from Ameriprise Financial and was disbarred as a broker in July 2022 following allegations that she stole money from her clients.

According to court documents, the 43-year-old pleaded …