VAUGHN LEE ANDREWS-MCKAY (VAUGHN LEE ANDREWS) CRD#: 6491985
was barred by the Financial Industry Regulatory Authority Inc. (FINRA) in May of 2018. Andrews-McKay, a former broker with PRUCO SECURITIES of Shelton, Connecticut, allegedly misappropriated $47,748.19 from two clients and forged signatures on checks taken from one of his clients.
Andrews-McKay was discharged by PRUCO SECURITIES on April 12, 2018, and worked at the firm over two years. In January of 2017, VAUGHN LEE ANDREWS-MCKAY allegedly took $29,648.19 from his clients. FINRA alleged Andrews-McKay convinced them to write personal checks to him that he claimed he would use for certain financial obligations of his clients. Andrews-McKay allegedly deposited the checks into a bank account which he controlled and then used the funds for his own personal purposes.
Also, according to the reports, from July of 2017 through October of 2017, Andrews-McKay allegedly converted $18,100 from a client by writing checks to himself from the client's checking account without her knowledge and forged her signature on the checks. Andrews-McKay then deposited the client’s checks into a bank account he controlled and spent the money for his own personal expense.
According to FINRA’s BrokerCheck, which is available to the public on FINRA’s website, VAUGHN LEE ANDREWS-MCKAY has the following Disclosure on his report, “Employment Separation after Allegations.” He was discharged from Pruco Securities on 4/12/18 and the following allegations are listed:
“Registered Representative misappropriated funds from two clients, forged a client's signature on multiple checks taken from her, did not disclose a gift from a customer, and did not disclose an outside business activity.”
VAUGHN LEE ANDREWS-MCKAY had 2 years of experience and was listed with 1 firm:
08/25/2015 - 05/01/2018 PRUCO SECURITIES, LLC - SHELTON, CT
If you experienced losses due to the actions or recommendations of VAUGHN LEE ANDREWS-MCKAY formerly of PRUCO SECURITIES, LLC of SHELTON, CT, call Soreide Law Group and speak to a securities lawyer at no cost to you, regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents clients nationally before FINRA and we operate on a contingency fee basis.