JOHN SCHMIDT Sentenced To Prison For Securities Fraud Wells Fargo Advisors securities broker John Schmidt (CRD#: 708094, Dayton, Ohio) will reportedly serve 5 years in prison for securities fraud. Notably, the broker, whom Wells Fargo disaffiliated with on October 24, 2017, was convicted of 128 felony counts relating to fraud and forgery. It appears Schmidt […]

Pruco Terminates Brokers Michael Pineda, Donna Guglielmi, Rajen Sheth Pruco Securities, LLC (CRD#: 5685) is a Financial Industry Regulatory Authority (“FINRA”) regulated brokerage firm and (“SEC”) regulated investment adviser firm. Pruco Securities, LLC’s main offices are in Newark, New Jersey. Since September 22, 2003, Pruco Securities has amassed 42 discloses regarding its alleged mishaps in […]