Jeffrey C. McClure, a former Wells Fargo advisor, has been barred by the Financial Industry Regulatory Authority (FINRA) after being charged with stealing almost $89,000 from an elderly client. McClure allegedly deposited money into his personal account by using blank, unsigned checks provided by the client under the guise that McClure would use the checks to pay the client's bills. Wells Fargo repaid the stolen monies to the client.
If you believe you have been victimized by securities fraud, financial malpractice, or theft by a FINRA registered broker, please call the securities attorneys of the Costello Law Group at (877) 418-0003 for a free consultation.
To read more, please visit: http://www.investmentnews.com/article/20141222/FREE/141229992/finra-bars-broker-for-ripping-off-elderly-client