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You may have lost money in your investment portfolio,
due to mismanagement and not even know it.

He certainly impressed his investors, and he also bilked them

He touted himself as a paragon of virtue, making sure that would-be investors in his company offerings were apprised of his claimed Eagle Scout status as a youth. He sought to draw nearer with individuals and families who ultimately became his defrauded victims by noting a common religious affiliation he shared with them.

Oh, and then there was this, straight out a time-honored scammer's handbook: He assured those poised to write checks but not quite ready to take the investment plunge that money entrusted to him via his Total Wealth Management company would not be a risky undertaking even in a choppy market marked by downturns. In fact, returns would grow even while investments elsewhere would drop, and to a substantial degree.

And now Jacob Keith Cooper, in the wake of such posturing and rendered promises, is facing a likely material term of incarceration in a California prison after being charged recently with 18 counts of investment fraud-related criminal behavior.

Notably, Cooper -- who was a long-time blip on authorities' radar screens -- was already involved in a fraud-grounded civil action commenced by the U.S. Securities and Exchange Commission in 2015.

As is often the case with investment fraud matters, much of the money Cooper received never went anywhere near legitimate accounts opened up for the benefit of those who justifiably relied upon his professionalism and assurances. Rather, much of it went toward paying his legal fees and fines incurred in responding to the SEC's litigation.

Two other individuals working in concert with Cooper were also criminally charged by California authorities.

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