Baltimore Judge Upholds Sanction Against Towson Firm Behind ‘The Money Guys’

Maryland Attorney General Brian E. Frosh announced Thursday Baltimore City Circuit Judge Althea Handy affirmed judgments sanctioning Everest Invest Advisors and Everest Wealth Management for violating the antifraud provisions of Maryland securities law. Owner, Phillip Rousseaux, and his companies ran infomercials on radio and TV stations under the title “The Money Guys,” promising limited risk…