INVESTOR ALERT: FINRA Bars Floyd Powell For Selling Fraudulent Investments Floyd Earl Powell (CRD#: 2220029, Albertville, Alabama) is a prior MML investors Services, LLC and MSI Financial Services registered representative who the Financial Industry Regulatory Authority (“FINRA”) barred for selling unregistered investments away from the firm. Specifically, FINRA barred Powell pursuant to a Letter of […]

WARNING: Investigation Into Ameritas’ Kristian M. Gaudet’s Possible Conversion Of Customer Funds Kristian M. Gaudet (CRD#: 4190811, Cut Off, Louisiana) is a prior Ameritas Investment Corp. registered representative who Financial Industry Regulatory Authority (“FINRA”) just barred from having any association with a FINRA member. Specifically, Kristian Gaudet submitted a Letter of Acceptance, Waiver and Consent […]

Frank Roland Dietrich Barred by FINRA Frank Dietrich, broker at Quest Capital Strategies, was barred by FINRA for selling fake notes in a real estate Ponzi scheme.  Woodbridge Group filed for bankruptcy last year.  Frank Dietrich allegedly sold investors $10.8 million worth of promissory notes related to real estate holdings.  Frank Roland Dietrich used his […]

Cadaret Grant Broker Steven Pagartanis Guilty Of Fraud Conspiracy Former Cadaret, Grant & Co., Inc. registered representative, Steven Pagartanis (CRD#: 1958879, Setauket, New York), has pleaded guilty to conspiracy to commit wire and mail fraud in connection with a Ponzi scheme that Pagartanis operated between 2000 and 2018. Pagartanis now faces up to 20 years […]

Securities Regulator Finds Justin Amaral Churned Investor Accounts Justin Amaral (CRD#: 4440980, Boston, Massachusetts) is a prior Morgan Stanley securities broker (June 1, 2009 to May 7, 2014) that was referenced in a State of New Hampshire Department of State Bureau of Securities Regulation Consent Order #149777 in which Morgan Stanley agreed to pay three […]

Wells Fargo Broker David Jay Homan Guilty Of Misappropriation David Jay Homan (CRD#: 1516973, Bay City, Michigan) is a prior financial advisor of Wells Fargo Advisors, LLC who entered a guilty plea to felony embezzlement. Homan pleaded guilty on November 21, 2018 in a Bay County, Michigan Court, and now faces 15 years behind bars. […]

FINRA Bars TCFG Broker Charles Acheson Laverty From Securities Industry Charles Acheson Laverty (CRD#: 4875386, Newport Beach, California) is a former TCFG Wealth Management LLC securities representative who is now barred from the securities industry by the Financial Industry Regulatory Authority (FINRA) pursuant to Hearing Panel Decision #2016050205901 dated November 13, 2018.  The Hearing Panel […]

Financial West Group Broker Sean J. Waters Barred For Churning Sean J. Waters (CRD#: 4414180, Los Angeles, California) is a prior securities representative of Financial West Group who just got barred from the securities industry by the Financial Industry Regulatory Authority (“FINRA”). Pursuant to Letter of Acceptance, Waiver and Consent #2017054755203 dated November 28, 2018, […]

Quest Capital Strategies’ Frank Dietrich Barred For Selling Away Frank Dietrich (CRD#: 2506091, Lake Forest, California), who is a former Quest Capital Strategies securities broker, just got barred from the securities industry by the Financial Industry Regulatory Authority (“FINRA”) for engaging in private securities transactions, according to a Letter of Acceptance, Waiver and Consent #2018057197801 […]