Two more securities brokers in Colorado were ordered to stop selling products from a California company that federal authorities say ran a $1.2 billion nationwide Ponzi scheme. The two brokers — Gerald Kagarise of Colorado Springs and James Campbell of Woodland Park — brings to six the number of Colorado-based financial planners tied to a federal investigation of the Woodbridge Group of companies, including Woodbridge Mortgage Investment Funds and Woodbridge Wealth of Sherman Oaks, Calif. A seventh broker, Laurent Carrier of Colorado Springs, voluntarily dropped his securities license as part of the Woodbridge investigation. The seven planners were separately ordered by a Colorado judge to stop selling financial products that the U.S.

 

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