December 26, 2014

Former Wells Fargo Advisors California Broker Barred for Alleged Theft from Elderly Client

business man holding his head with text asking questions about stock broker misconduct

JEFFERY C. MCCLURE (CRD# 4869698) a former Wells Fargo Advisors broker from Chico, CA, was permanently barred by the Financial Industry Regulatory Authority (FINRA) for allegedly stealing almost $89,000 from his elderly client.

Allegedly, McClure wrote 36 checks totaling $88,850 between December 2012 and August 2014 without his client's consent and deposited them into his own account. McClure had been authorized to pay his client's rent and other expenses. Jeff McClure was employed at Wells Fargo Advisors for seven years.

Wells Fargo repaid the client for her financial losses.

JEFFERY C. MCCLURE was previously registered with the following securities firm(s):

10/2011 - 10/2014 WELLS FARGO ADVISORS, LLC (CRD# 19616) - CHICO, CA

08/2007 - 07/2011 WELLS FARGO ADVISORS, LLC (CRD# 19616) - CHICO, CA

If you or an elderly family member have suffered financial losses due to your broker/financial advisor, call the Soreide Law Group for a free consultation on how to potentially recover those losses at 888-760-6552. We represent clients nationwide before FINRA.

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