FINRA, the Financial Industry Regulatory Authority, alleges Roman Sledziejowski, the Polish president and owner of TWS Financial, LLC, in Brooklyn, N.Y., used customer funds for his own use and gave false statements to clients from June, 2009, through August, 2012.
FINRA alleges Sledziejowski defrauded three Polish customers of more than $4 million by taking money out of their accounts, and in other cases, having them transfer funds that he said would be invested in a Polish vodka company. Mr. Sledziejowski refused to testify and cooperate with FINRA.
Sledziejowski told one client that his funds were being put into a Polish bank and the stock of a Polish vodka maker, but no such investments were ever made. Two other customers said they didn't authorize the wire transfers that he made from their accounts to Innovest Holdings, LLC, which Sledziejowski controlled.
“In order to mask his misconduct, Sledziejowski provided customers with falsified account statements or 'account snapshots,' which were fictional accounts of their holdings in their TWS brokerage accounts or the values of those accounts,” FINRA said.
Sledziejowski was previously registered with Wachovia Securities LLC, Prudential Securities Inc. and Salomon Smith Barney Inc., according to FINRA's BrokerCheck. TWS Financial filed to withdraw its broker-dealer registration on Nov. 9th.
If you have invested with Roman Sledziejowki, TWS Financial, LLC, or Innovest Holdings, LLC, and experienced financial losses, call and speak at no charge to a securities attorney who may potentially help you recover those losses. Call: 888-760-6552, or visit our website at: https://www.securitieslawyer.com.
Soreide Law Group, PLLC, representing investors nationwide before FINRA the Financial Industry Regulatory Authority.
Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Baris Cabalar (also known as Barry Calabar) [CRD: 4749342, Fort Lauderdale, Florida]. Baris Cabalar has worked for five firms in his 17-year career. Evidently, he is employed at PHX Financial, Inc. since December 18, 2015. Recent disclosures reveal concerns about Cabalar’s conduct, including allegations […]
Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Michael Gregory Culwell (also known as Mike Culwell) [CRD#: 5989109, Irvine, California]. Michael Culwell is currently registered with Emerson Equity LLC since November 8, 2013, and has 13 years of experience in the securities industry. Michael Culwell’s employment history includes working for ARI Financial […]
Soreide Law Group has filed a FINRA arbitration on behalf of their client (Claimant) against: WELLS FARGO CLEARING SERVICES, LLC (Respondent). The Claimant, in his mid-70s, is retired and living in Georgia. According to the lawsuit, the Claimant maintained his funds in cash accounts at Wells Fargo Bank and was referred to WELLS FARGO broker, […]
Phone:
Fax: 1-954-760-6553
Email: [email protected]