A 55-year-old North Carolinian, Mr. Good represented Morgan Stanley Smith Barney, LLC for ten years at its local Wilmington office until he was fired in February 2022 for not cooperating with an internal investigation. It was a serious situation then, but when the full story of his financial fraud became known several months later, it was much worse than anyone had previously suspected. Since 2012, Good had executed a $7,200,000 Ponzi scheme based on false statements and misrepresentations to his trusting clients. After 31 years in the financial industry with Morgan Stanley, Wells Fargo and Charles Schwab, he had become the subject of investigations by the IRS, the SEC, the NC Bureau of Investigation, the U.S. District Attorney and the Financial Industry Regulatory Authority (FINRA).
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