Close Menu
Free Consultation: 888-976-6111

Christopher Turean: Advisor Investigated for Alleged Misappropriation

Former Carmel, Indiana financial advisor Christopher Turean (CRD# 4779139) is under investigation by the IRS and the US Postal Service. Records provided by the Securities and Exchange Commission and the Certified Financial Planner Board of Standards show that he was previously a representative of Valeo Financial Advisors and has been sanctioned by the CFP Board. 

Mr. Turean’s SEC-maintained Investment Advisor Public Disclosure contains two disclosures. Both were filed on February 6, 2022. One concerns his ongoing investigation by the Internal Revenue Service and the United States Postal Service, which are looking into allegations regarding “misappropriation of customer funds.” The second describes his termination from Valeo Financial Advisors over allegations he misappropriated customer funds. 

On September 6, 2022, the CFP Board announced that it had permanently revoked Mr. Turean’s “right to use the CFP® certification marks.” A release by the organization explained further that the revocation followed Mr. Turean’s “failure to acknowledge receipt of CFP Board’s Notice of Investigation” into whether he “misrepresented investment products to misappropriate customer funds.” The announcement notes that Article 1.1 of the CFP Board’s Procedural Rules require the acknowledgement of receipt of such a notice. According to the CFP Board, his revocation was effective as of August 16, 2022.

According to the Securities and Exchange Commission, Mr. Turean holds 11 years of securities industry experience. Formerly based in Carmel, Indiana, he is not currently registered as an investment advisor. His registration history includes Valeo Financial Advisors (2012-2022), Hufford Advisors (Indianapolis, Indiana; 2011-2012), and Hufford Financial Advisors (Indianapolis, Indiana; 2010-2011). (Information current as of September 22, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Kingswood Advisor Brady Fuchs Receives Oil & Gas Complaint

    San Diego financial advisor Brady Fuchs (CRD# 3203016) has received an investor complaint alleging that his conduct resulted in five-figure...

    Read More
  • Bill Sines: New Complaint Against Senior Financial Services Advisor

    Multiple investor complaints against Seminole, Florida financial advisor Bill Sines (CRD# 2190586) allege that he recommended unsuitable investments. Financial Industry...

    Read More
  • Jason Rossi: $203K Complaint Against Aegis Capital Broker

    Melville, New York financial advisor Jason Rossi (CRD# 4384426) allegedly churned investments and made unauthorized trades, according to a recent...

    Read More
  • Lone Star Advisor Charles Bryant: $200K Suitability Complaint

    Sarasota financial advisor Charles Bryant (CRD# 5346404) is involved in an investor complaint alleging he provided unsuitable investment advice that...

    Read More
  • Previous
  • Next