Former Seattle, Washington financial advisor William Sandeman (CRD# 831384) was recently sanctioned and barred in connection with alleged rule violations....
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FIRST ANNUAL STUDY: THE 2023 STATE OF INVESTMENT FRAUD
See Which Americans are Most At-Risk After a Record $3.82 Billion was Stolen in 2022 In 2022, Americans lost more money to investment fraud than any other type of fraud. According to the Federal Trade Commission (FTC), there was a record $3.82 billion stolen through investment fraud in 2022, which was a 128% increase… Read More »
Goldman Sachs Ayco’s Tom Currie Receives $140K Complaint
Cohoes, New York financial advisor Tom Currie (CRD# 5465944) recently received an investor complaint alleging he gave unsuitable investment advice. Financial Industry Regulatory Authority records show that he is a broker with Goldman Sachs and an investment advisor with Goldman Sachs Ayco Personal Financial Management.
Don Wallace: DH Hill Advisor Lands 6-Figure Investor Complaint
Fort Lauderdale financial advisor Don Wallace (CRD# 1471984) allegedly made an unsuitable investment recommendation, according to a recent investor complaint. Records provided by the Financial Industry Regulatory Authority show that he is a broker and an investment advisor with DH Hill Securities, having previously been registered with Money Armour and Financial West Group.
Greg Brown: Focus Financial Advisor Faces $250K ETF Complaint
A recent investor complaint against Wausau, Wisconsin financial advisor Greg Brown (CRD# 2137212) alleges that his investment advice resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is a broker with Royal Alliance Associates and an investment advisor with Focus Financial Network.
Frank Carter III: $2mm Complaint Against Wells Fargo Advisor
Valdosta, Georgia financial advisor Frank Carter III (CRD# 2259658) is involved in an investor complaint alleging he made misrepresentations that resulted in losses exceeding $2 million. Financial Industry Regulatory Authority records show that he is currently registered as a broker and an investment advisor with Wells Fargo Clearing Services.
Marco Casale: Did RF Lafferty Advisor Recommend L Bonds?
At least one current or former customer of RF Lafferty & Company advisor Marco Casale (CRD# 1663936) is listed as a creditor for a $150,000 investment in GWG L Bonds, according to public records filed with a US bankruptcy court. Financial Industry Regulatory Authority records show that the New York City-based advisor has also… Read More »
James Coker: Client Invested Millions in L Bonds
At least one current or former customer of Coker & Palmer advisor James Coker (CRD# 1238444) is listed as a creditor for investments in GWG Holdings L bonds, according to public records. Filed with a US bankruptcy court in Texas, the records show investments of $2,775,000. Records maintained by the Financial Industry Regulatory Authority indicate… Read More »
David Witter: Financial Harvest Advisor’s Clients Include GWG Creditors
At least three current or former customers of Financial Harvest advisor David Witter (CRD# 4519401) are listed as creditors for investments in GWG Holdings L bonds and/or preferred stock, according to records filed with a US bankruptcy court. The records describe investments totaling more than $350,000. Securities and Exchange Commission records show that Mr. Witter… Read More »
Bart Cutino: Did Central Coast Advisor Recommend GWG L Bonds?
Records filed with a US bankruptcy court indicate that at least seven current or former clients of Central Coast Financial advisor Bart Cutino (CRD# 5397147) are listed as creditors for investments in GWG Holdings L bonds and/or preferred stock. The records disclose investments of $800,000. Records published by the Financial Industry Regulatory Authority and the… Read More »
Jack Nalbandian: Investor Files Bond Complaint Against WIS Advisor
At least two current or former clients of Western International Securities advisor Jack Nalbandian (CRD# 2921246) are listed as creditors for investments in GWG preferred stock, according to records filed with a US bankruptcy court in Texas. These records describe investments totaling more than $150,000. Financial Industry Regulatory Authority records show that Mr. Nalbandian… Read More »
