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Advisers in hot water for $21M Ponzi scheme, insider trading and more
A planner accused of operating a $21 million Ponzi scheme was sentenced to seven years in prison. An ex-broker pleaded guilty to taking clients' funds for years following his suspension from the industry. And an NBA legend is on standby to testify against his former advisers, whom he accuses of swindling him out of millions.

These are just some of the most high profile disputes between celebrities and advisers, federal prosecutors and ex-brokers.

Click through to learn more about why these advisers are in hot water with authorities.