Adviser’s punishment no comfort to his victims

I was very interested in your April 13 article (“C.R. man ordered not to sell securities” on Noah Aulwes, investment adviser.

I am one of his victims, having lost most of my retirement money and money from a large sale of property. He even talked me out of savings from 43 years of teaching. Not being particularly computer comfortable and tending to trust people until otherwise indicated, I believed the Bible quotes and misinformation he fed me and didn't check his computer “rap” sheet until too late. It was unbelievable reading.

I grew up in a teacher's family. We had enough, but had to watch spending and plan for the future. I thought I had it covered and could do and have some of the things I had thought I could afford after retirement.

It is hard to believe how difficult it is to get the laws governing this man's behavior acted upon by those who are paid to protect the public. Law officials finally moved in (with much prodding), and Noah was “let off” with a $10,000 fine, a slap on the wrist, and told be cannot sell securities. That is little comfort to some of us who lost over a million dollars.

Martha Ennis

Marion