A Train, Babcock Advisors investment adviser was charged Thursday by the U.S. Securities and Exchange Commission with allegedly stealing more than $9 million from the Kurr Foundation.
John Rogicki was named president and trustee of the New Jersey-based foundation in 2001, after the death of its founder. The foundation gives to health and education causes, according to a recent 990 tax filing that lists Rogicki as a controlling individual. A story on the website of New Jersey radio station 92.7 FM WOBM notes a 2013 charity event for the American Cancer Society in honor of the Kurr Foundation as a supporter of the cancer group’s efforts.
