New York Broker Charged in Investment Fraud

Posted on June 16th, 2015 at 11:33 AM
New York Broker Charged in Investment Fraud

From the Desk of Jim Eccleston at Eccleston Law LLC:

William Quigley, former Chief Compliance Officer of Trident Partners Ltd, has been charged with conspiracy to commit wire fraud and money laundering conspiracy in connection with an investment scheme. He could face up to 20 years in prison.

According to the SEC, from 2003 to 2012, Quigley allegedly managed to convince foreign investors to purchase securities for various “blue chip” companies such as Dell Inc, Berkshire Hathaway INC, and BlackRock INC., as well as “start up” companies that were considered on the verge of going public.

Foreign investors sent their funds to various U.S bank and brokerage accounts set up by Quigley and his two brothers, Michael and Brian Quigley. Those funds then were diverted for personal use.

Furthermore, Quigley used his position at Chief Compliance Officer to steal additional money from his own firm. The SEC states that Quigley stole commission checks from Trident Partners Ltd. Trident Partners was not aware of his fraudulent activity.

The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services.

Related Attorneys: James J. Eccleston

Tags: Eccleston Law LLC, James Eccleston, eccleston, Eccleston Law, William Quigley, Trident Partners,

Return to Archive



Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

Wayne and Judy S.


January 25, 2022
Top FINRA Initiatives For 2022

A host of new initiatives are ahead in 2022 at the Financial Industry Regulatory Authority (FINRA), according to CEO Robert Cook.

January 24, 2022
FINRA Set To Issue Crypto Notice And Consider Expungement Reform

The Financial Industry Regulatory Authority (FINRA) is set to issue a regulatory notice pertaining to cryptocurrency as well as expungement reform.

January 21, 2022
CFP Board Establishes New Appeals Commission

The Certified Financial Planner (CFP) Board of Standards has established a new Appeals Commission. As the name suggests, the Appeals Commission possesses the sole authority to adjudicate appeal hearings.