On January 30th., 2014, Paul Elvidge, a 53-year-old securities broker from Port St. Lucie, Florida, pleaded guilty to federal charges of embezzling more than $1 million from client accounts, wire fraud, and aggravated identity theft. Paul Elvidge operated Seacoast Investor Services, which was purchased by Cape Securities in Port St. Lucie. The $1.1 million embezzlement […]

The following information is from FINRA’s website under “Disciplinary and Other FINRA Actions, March, 2013.” Paul Elvidge Jr. (CRD #1852650, Registered Principal, Port St. Lucie, Florida) was barred from association with any FINRA member in any capacity and ordered to pay $620,177.90, plus interest, in restitution to customers. Without admitting or denying the findings, Elvidge […]