Category: Misappropriated Funds
Were you the victim of Commonwealth Financial Network broker Benjamin Bourgeois (CRD# 2145555)? Bourgeois was registered with Commonwealth Financial Network in Metairie, LA from 2015 to April 2019, when he was terminated regarding, “Borrowing money from a customer in violation … Continue reading
Erez Law is interested in speaking with investors who may have suffered losses due to investments with former LPL Financial LLC broker James Bylenga (CRD# 705143). Bylenga was registered with LPL Financial LLC in Portage, Michigan from 2016 to 2018 … Continue reading
In June 2020, Securities America, Inc. was fined $1.75 million by the Securities and Exchange Commission (SEC) for allegedly failing to safeguard clients from Hector May (CRD# 323779), who pleaded guilty in 2018 to stealing $8 million from clients. According … Continue reading
Erez Law is currently investigating former HD Vest Investment Services financial advisor Thomas Laws (CRD# 4494448) regarding losses associated with Santa Fe Gold Corporation. Laws was registered with HD Vest Investment Services in Silver City, New Mexico from 2006 to … Continue reading
Former Raymond James Financial Services, Inc. broker Taek Chong (CRD# 1551473) has more than $2 million in customer complaints regarding overpayment of commissions. It is alleged that Chong engaged in defalcation, which is misappropriation of funds by a person trusted … Continue reading
Were you the victim of the Ponzi scheme orchestrated by former TransAmerica Financial Advisors, Inc. financial advisor Daniel Glick (CRD# 2175655)? Glick was registered with TransAmerica Financial Advisors, Inc. in Orland Park, Illinois from 2012 to 2014, when he was … Continue reading
In June 2018, the Securities and Exchange Commission (SEC) sanctioned Morgan Stanley Smith Barney to pay a $3.6 million penalty for its failure to protect against its personnel misusing or misappropriating funds from client accounts. Morgan Stanley previously repaid the … Continue reading
There are options for customers of former Voya Financial Advisors, Inc. financial advisor James Knee (CRD# 1852920) who is alleged to misappropriate customer funds. Knee has been registered with Voya Financial Advisors, Inc. in Concord, New Hampshire from 2015 to … Continue reading
Erez Law is currently investigating former Royal Alliance Associates, Inc. broker Gary Basralian (CRD# 14385) for unsuitable investment recommendations. Basralian was registered with Royal Alliance Associates, Inc. in Maplewood, New Jersey from 1989 to December 2017, when he was terminated … Continue reading
Erez Law is currently investigating former LPL Financial LLC investment adviser and registered representative Sonya Camarco (CRD# 2427529) regarding misappropriating more than $2.8 million in investor funds from her clients and customers. Camarco was registered with LPL Financial LLC in … Continue reading