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