Estimated reading time: 0 minutes, 21 seconds

J.P, Morgan Brokers Banned for Stealing from Elderly Widow

J.P. Morgan Chase brokers Fernando Arevalo and Jimmy Caballero have been banned from the industry by the Financial Industry Regulatory Authority after stealing $300,000 from an elderly widow and failing to cooperate with an investigation into the matter. So reports Bank Investment Consultant.

J.P. Morgan, which was not included in the enforcement action, has reimbursed the widow for the lost assets.

Read the full article from Bank Investment Consultant.

Read 5617 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.