Tagged with "theft"

Former Advisor Fails To Reverse Bar After Alleged $1 Million Theft From RBC

Posted on October 26th, 2021 at 1:47 PM
Former Advisor Fails To Reverse Bar After Alleged $1 Million Theft From RBC

A former RBC Wealth Management advisor lost his bid to reverse an industry bar, according to an appellate decision issued by the Financial Industry Regulatory Authority (FINRA).

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Former LPL Advisor Admits to Stealing $600,000 from Elderly Client

Posted on May 17th, 2021 at 12:52 PM
Former LPL Advisor Admits to Stealing $600,000 from Elderly Client

A former LPL Financial and Lincoln Financial Advisors Corp. financial advisor has pleaded guilty to one count of wire fraud stemming from his theft of $600,000 from an elderly client.

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“Income Flood” Ponzi Advisor Sentenced

Posted on July 2nd, 2019 at 9:38 AM
“Income Flood” Ponzi Advisor Sentenced

U.S. District Judge Ricardo S. Martinez sentenced former investment advisor Dennis Gibb to five years in prison for stealing over $3 million from 15 investors. 

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Former Texas Registered Rep Arrested for Internet Ponzi Scheme

Posted on February 8th, 2017 at 9:31 AM
Former Texas Registered Rep Arrested for Internet Ponzi Scheme

Former registered rep Bobby Eugene Guess was arrested following his indictment on charges of securities fraud, theft, money laundering and engaging in organized criminal activity related to the multi-million-dollar sale of investments in an internet advertising company.

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Former Wells Fargo Advisor Accepts Industry Bar Amidst Misuse of Client Funds Allegations

A former advisor with Wells Fargo Advisors Financial Network (FiNet) in Chicago, Jayson R. Pocius, has agreed to accept an industry bar rather than cooperate with a
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