WWILLIAM DANIEL BUCCI (CRD#: 1140193), formerly with Financial Network Investment Corporation, now known as Cetera Advisor Network of King of Prussia, Pennsylvania, has been barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public. According to FINRA’s BrokerCheck, Bucci has 10 Disclosures, 6 of which are Customer Disputes. William Bucci was in the securities industry for 28 years and was listed with 9 firms.
In June of 2016, WILLIAM DANIEL BUCCI pled guilty to mail fraud, mortgage fraud and securities fraud. The SEC has filed an order seeking to bar Bucci from the securities industry.
The allegations against Bucci are from 2003 through 2011 Bucci defrauded clients of over $3.2 million. He allegedly promised clients a 10% rate of return on their investments. Bucci claimed he would be starting an olive oil import business with the money. According to the indictment, no business existed and Bucci used most of the investor funds for his own personal uses. According to the indictment, Bucci allegedly solicited loans from his friends and associates claiming, falsely, that he could repay the loans. Bucci allegedly filed false tax returns from 2007 to 2011.
WILLIAM DANIEL BUCCI was listed with the following firms:
08/11/2011 - 05/14/2012 FINANCIAL NETWORK INVESTMENT CORPORATION - KING OF PRUSSIA, PA
04/18/2007 - 08/17/2011 OPPENHEIMER & CO. INC. - JENKINTOWN, PA
If you’ve experienced investment losses due to the actions or recommendations of WILLIAM DANIEL BUCCI, call Soreide Law Group and speak to a securities lawyer regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents our clients nationwide before FINRA and we operate on a contingency basis. Call and speak to our experienced securities defense lawyers.
