Former Financial Advisor Charged with Stealing $5.8 Million from Client
The Securities and Exchange Commission charged German Nino, a former securities broker and investment adviser representative for UBS Financial Services Inc., with…
연구를 위한 과거 원문 발췌입니다. 수치, 규정 및 사건의 상태는 원래 발표 이후 달라졌을 수 있습니다.
Read original source
The Securities and Exchange Commission charged German Nino, a former securities broker and investment adviser representative for UBS Financial Services Inc., with stealing $5.8 million from a long-standing client. The SEC’s complaint alleges that Nino, of Weston, Florida, stole the investment funds from his client’s accounts over nearly a six-year period and used the majority of the money, $4.2 million, on gifts for several women with whom he had romantic relationships. Nino allegedly employed various methods to conceal his misconduct from his client, including creating fake account statements, forging signatures on letters of authorization, and altering UBS’s records for an affected account to prevent electronic notifications of wire transfers. "As a financial advisor, Nino was entrusted with millions of dollars belonging to his client," said Eric I.
Research sources & methodology
Original sources and publication references.
커뮤니티