Former Florida Financial Adviser Convicted of $150K Elder Exploitation

Matthew Vincent Muratori, a former licensed financial adviser in Florida, was convicted by a Pinellas County jury for exploiting an elderly and disabled client by stealing over $150,000 through unauthorized transactions using Cash App and Venmo between 2019 and 2020. He also impersonated the victim using their personal identification information to gain unauthorized access to financial accounts. Florida Attorney General James Uthmeier condemned the acts as a betrayal of trust and emphasized the serious nature of financial crimes against vulnerable older adults. The case was investigated by the Florida Office of Financial Regulation with assistance from the Financial Industry Regulatory Authority, and prosecuted by Assistant Statewide Prosecutors Panagiota Papakos and Ryan Shaw. Muratori faces a mandatory minimum sentence of 10 years in prison, with sentencing scheduled for September 25. This conviction is seen as a significant victory for Florida prosecutors and regulatory agencies in combating elder financial abuse.