JOSE A. CARBAJAL (CRD# 2691767), a financial advisor from Downey, California, was arrested recently for allegedly stealing $300,000.00 from his elderly clients. Criminal charges have been filed against Carbajal. Jose Carbajal was charged with three counts of theft from an elderly person exceeding $200,000. Carbajal was arraigned in Los Angeles County Superior Court. According to […]

David E.A. Seagren, 69, Franklin, PA, was arraigned April 14, 2014, on more than 50 felony charges. Seagren is accused of 22 counts of theft by deception and theft by unlawful taking, plus seven counts of forgery for the alleged theft of $183,786.86 from a 97-year-old woman’s checking accounts. This happened over three years while […]

On December 3rd., 2013, two brokers, Fernando L. Arevalo and Jimmy E. Caballero, were barred by the Financial Industry Regulatory Authority (FINRA), for taking $300,000 from an elderly widow with diminished mental capacity, and they did not cooperate with FINRA's investigation. They were employed as brokers with JPMorgan Chase Securities, LLC. JPMorgan not a party […]

On December 3rd., 2013, two brokers, Fernando L. Arevalo and Jimmy E. Caballero, were barred by the Financial Industry Regulatory Authority (FINRA), for taking $300,000 from an elderly widow with diminished mental capacity, and they did not cooperate with FINRA's investigation. They were employed as brokers with JPMorgan Chase Securities, LLC. JPMorgan not a party […]

The following summation was obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, October, 2013.” Christopher Shawn Vaughn (CRD #4956822, Registered Representative, Leesburg, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, Vaughn consented to the described sanction and to the entry of findings that […]

The following summation was obtained on FINRA’s website under “Disciplinary and Other FINRA Actions, October, 2013.” Christopher Shawn Vaughn (CRD #4956822, Registered Representative, Leesburg, Florida) was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, Vaughn consented to the described sanction and to the entry of findings that […]

Soreide Law Group, (888) 760-6552, obtained the information below on FINRA’s website under “Disciplinary and Other FINRA Actions, August, 2013.” Christian Joel Brand (CRD #2434521, Registered Representative) was suspended from association with any FINRA member in any capacity for four months. Without admitting or denying the allegations, Brand consented to the described sanction and to […]

The Financial Industry Regulatory Authority Inc., also known as FINRA, barred John Thornes, president of Thornes & Associates Inc. of Redlands, Calif., and suspended his broker-dealer firm over allegations that he stole $4.2 million from two clients, one of whom FINRA says suffers from Alzheimer's disease writes Dan Jamieson of Investment News. FINRA alleges that […]

For someone with Alzheimer's disease, one of the first skills to decline is the high-level function required to accomplish financial tasks such as paying bills, balancing a checkbook or reading a brokerage statement. Unfortunately, the number of Americans with Alzheimer's disease is expected to nearly triple by 2050. This epidemic will put even more pressure […]