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Distinguished Toastmaster
BUSINESS & BRANDING COACH . LIFE & LEADERSHIP STRATEGIST MOTIVATIONAL SPEAKER SERVING ENTREPRENEURS & MAIN STREET |
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IMPRISONED v FINRA FINED & DISCIPLINED: A BIG DAY FOR CRIMINAL JUSTICE REFORM THAT CAME AND WENT UNNOTICED (c) Carrie Devorah:
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IMPRISONED v FINRA FINED & DISCIPLINED: A BIG DAY FOR CRIMINAL JUSTICE REFORM THAT CAME AND WENT UNNOTICED (c) Carrie Devorah:
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Jonathan Pollard got in the way of these following lives of the following state's citizens being changed in a glaring illustration of Wall Street laws being different from laws for Main Street. It's idiot proof. Pollard wasnt the only one released from prison that week. 46 others + were.
46 others got their change to go home to DE, CA, FL, OH, the list goes on and on. Now multiply those states by an unknown number and divide, too, to guesstimate at the banality of laws that favor one class over another, not exactly the exceptional expected behaviour of the grand experiment crowed about by convenients withdrawn from the actuality of the below listed. At least they got some time off. Maybe understanding is due. Who is the worse criminal? The crack guy or the man walking the streets after financially devastating an investor class......
It just doesnt feel unfair. It is unfair, more correctly wrong.
46 Main Street'rs went to jail giving up ten years of their lives for drugs and deals; 46 Wall Street'rs skipped to their 'lou my darlin's' as the poem goes. The Wall Street'rs walked.
Legislators sound off often asking why Wall Street'rs are not in jail for crimes they do. Simple. Because Congress wrote laws that Congress does not assure are being followed.
Simple. Go back historically to see who sat on what Committee, federal and state, and how they voted then and how they vote now. Check headlines here and there, a picture comes together on how lobbying blurs laws, or does it.
I think not. A crime is a crime is a crime. Difference is how effective the lawyer is to due diligence. document dive and play memory, with documents, that is.
Sad that treason stole the headline. Guess that 46 people getting their lives back isn't newsworthy.
It is.
President Obama pardoned them:
1. [ IMPRISONED ] (Apr. 2, 1996) Charlotte, NC
Allen Bailey –
Offense: Conspiracy to violate narcotics laws (crack)
Sentenced: 360 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] Miami Beach, Florida
April 1992
Litwin Securities, Inc. and Harold A. Litwin (Registered Principal) Fined: $10,000, jointly and severally; prohibited from effecting principal transactions of any nature for one year; suspended from association with any NASD member in any principal capacity for six months and ordered to requalify by exam in any principal capa
2. [ IMPRISONED ] Youngstown, OH
Oct. 18, 2005
Shauna Barry-Scott –
Offense: Possession with intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (October 2005)
Destin, Florida
Thomas Michael Aretz CRD #1083897 (NASD Case #2005001180902) Fined: Submitted a Letter of Acceptance, Waiver and Consent; fined $5,000; suspended from association with any NASD member in any capacity for 60 days. Without admitting or denying that he borrowed $25,000 from a public customer in contravention of the firm’s written procedures. Suspension began September 12, 2005, concluding at close of business November 10, 2005.
3. [ IMPRISONED ] (Dec. 15, 1997)
Martinsville, VA
Larry Darnell Belcher –
Offense: Possession with intent to distribute cocaine; possession with intent to distribute marijuana Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (December 1997)
Hastings, Nebraska
Ronald Howard Tjarks (Registered Representative,)
Fined: $340,000 and barred from association with any NASD member; affixed a customer’s signature on $94,000 annuity withdrawal forms and withdrawal checks totaling without the knowledge or consent of the customer, deposited $54,000 into his personal bank account, converted the funds to his own use; Failed to respond to NASD
4. [ IMPRISONED ] (June 22, 2002)
Carthage, NC
John L. Houston Brower –
Offense: Distributed cocaine base (“crack”)
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 2002)
Littleton, Colorado
Carla Joy Halverson (CRD #859074)
NASD Case #C3A020007
Fined: Without admitting or denying the allegations, barred from association with NASD members; engaged in unauthorized transactions in the accounts of public customers without authorization
5. [ IMPRISONED ] (Aug. 1, 2002)
Orange Park, FL
Nathaniel Brown
Offense: Conspiracy to distribute cocaine and cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (August 2002) Edmonds, Washington Arthur Kenny Bryant (CRD #1827620)
NASD Case #C3B020002
Fined: Barred from association with NASD members; Bryant obtained a $4,000 check drawn on a public customer’s account; altered check, deposited the $3,900 check into his personal account, converted the funds for his own use
6. [ IMPRISONED ] (Jan. 15, 1993) Hyattsville, MD
Norman O’Neal Brown –
Offense: Distributed substance containing cocaine base (crack), aiding and abetting; possess with intent distribute substance of cocaine base (crack)
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (1993) [ FINRA does not publish online 1993 Disciplinary Actions ]
7. [ IMPRISONED ] (Sept. 2, 1993)
Chicago, IL
Joseph Burgos –
Offense: Distribution of cocaine; use of a communication facility in the commission of a felony
Sentence: 360 months’ imprisonment; eight years’ supervised release; $200,000 fine
[ FINRA DISCIPLINED NOT JAILED] (1993) [ FINRA does not publish online 1993 Disciplinary Actions ]
8. [ IMPRISONED ] (Mar. 25, 2002)
San Antonio, TX
Clarance Callies –
Offense: Conspiracy to distribute in excess of 50 grams of a mixture or substance containing a detectable amount of cocaine base (“crack cocaine”); possession with intent to distribute in excess of 50 grams of a mixture or substance containing a detectable amount of cocaine base (“crack cocaine”)
Sentence: 240 months imprisonment; 8 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (March 2002)
Alhambra, California
John Perez (CRD #1093871)
NASD Case #C07010067
Fined: Barred from association with NASD member; required to pay $5,000 restitution to a public customer. Took $5,000 investment money from public converted the funds for own use and benefit. Failed to respond to NASD
9. [ IMPRISONED ] (Sept. 3, 1999)
Tampa, FL
Anthony Leon Carroll –
Offense: Possession with intent to distribute cocaine base
Sentence: 262 months’ imprisonment; 5 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (September 1999)
Providence, Rhode Island
Marlene Marcello McKenna (CRD #832452)
NASD Case #C11990029
Fined: Submitted Acceptance, Waiver, and Consent letter’ was fined $450,000; barred from association with any NASD members; ordered to pay $86,710, plus interest, in restitution to public customers; converted and misappropriated at least $86,710 in cash proceeds from variable life insurance policies of public customers for own use and benefit.
10. [ IMPRISONED ] (Feb. 1, 2002)
Laredo, TX
Juan Diego Castro
Offense: Possession with intent to distribute a quantity cocaine
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (February 2002)
Plano, Texas Michael Earl Hill (CRD #2186074)
NASD Case #C06010048
Fined: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member without admitting or denying the allegations, consented to entry of findings he received $2.6 million from public customers based on representations that he was going to purchase certificates of deposit on their behalf; used these funds for personal benefit.
11. [ IMPRISONED ] (June 19, 1997)
Houston, TX
Joe Louis Champion –
Offense: Conspiracy to possess with intent to distribute crackaiding and abetting with intent to distribute crack
Sentence: Life imprisonment; 10 years’ supervised release; $4,000 fine
[ FINRA DISCIPLINED NOT JAILED] (June 1997)
San Francisco, California
Elliot Krausz Adler (Registered Representative) Fined: $25,000; barred from association with any NASD member; received $1,350 funds from a public customer to purchase of securities; failed to purchase securities; failed to respond to NASD
[ IMPRISONED ] (Nov. 15, 2004) – Orlando, FL Cedric Culpepper
Offense: Possession with intent to distribute cocaine base
Sentence: 188 months’ imprisonment; 4 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (November 2004)
Lido Beach, New York
John David Buglisi (CRD #2977744)
NASD Case #CLI040001
Fined: submitted an Offer of Settlement; fined $20,000; suspended from association with any NASD member for 45 days; without admitting or denying allegations, consented to entry of findings he purchased and sold shares of stock and call options in public customer accounts without the customers’ knowledge, consent, or authorization; suspension went from November 1, 2004 to December 15, 2004
13. [ IMPRISONED ] (Apr. 25, 2002)
Gary, IN
Walter R. Dennie
Offense: Conspiracy to distribute cocaine
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (April 2002)
Brooklyn, New York
Katarzyna Joanna Jeglinska (CRD #2475845)
NASD Case #C10020022
Fined: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member; without admitting or denying the allegations, consented to sanctions and entry of findings converted over $50,000 cash from the account of public customers maintained at her member firm for her use without customers’ knowledge, authorization, or consent
14. [ IMPRISONED ] (Oct. 16, 1992)
Oak Creek, WI
Steven D. Donovan
Offense: Conspiracy to possess with intent to distribute cocaine; possession and interstate travel to promote distribution of cocaine
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (October 1992)
Springfield, Massachusetts
Phung M. Le (CRD #3274440)
NASD Case #C11020011
Fine: Barred from association with any NASD member in any capacity; forged public customers’ signatures on traditional life insurance death benefit checks; deposited checks into accounts for own use
15. [ IMPRISONED ] (Oct. 1, 1997)
Chicago, IL
Romain Dukes
Offense: Conspiracy to distribute “crack”
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (October 1992)
Tucker, Georgia
Robert W. Campbell, Jr. (Registered Representative,)
Fine: $5,000, suspended from association with any NASD member for six months; ordered to requalify by exam as an investment company and variable contracts products representative; signed name of public customer to an investor disclosure form without the customer’s knowledge or authorization
16. [ IMPRISONED ] (June 8, 2001)
Knoxville, TN
Tony Lynn Hollis
Offense: Possession with intent to distribute 26.5 grams of cocaine base
Sentence: 262 months’ imprisonment; eight years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 2001)
El Paso, Texas
Petra Moreno (CRD #1738689)
NASD Case #C06000032
Fine: Barred from association with any NASD member; received checks totaling $427.46 representing payments for a life insurance policy the customer purchased, cashed the checks; used the funds for own use and benefit without the authorization of customer; failed to respond to NASD
17. [ IMPRISONED ] (Dec. 22, 1999) –
Mineral, VA
Alex William Jackson
Offense: Conspiracy to distribute cocaine base
Sentence: 262 months’ imprisonment; 60 months’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (December 1999)
Ellenville, New York
Scott Patrick Baumgarte (CRD #2912856)
NASD Case #C11990026
Fine: $25,000; barred from association with any NASD member; submitted fictitious applications for traditional life insurance policies to his member firm
18. [ IMPRISONED ] (Jan. 30, 2007)
Townsend, DE
Jackie Johnson
Offense: Possession with the intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (January 2007)
Ludlow, Massachusetts
Jo Anne Jean Goulet (CRD #4768440) NASD Case #2006004750801
Fine: Submitted Acceptance, Waiver and Consent letter; barred from association with any NASD member in any capacity without admitting or denying the findings; withdrew total of $116,000 from public customer’s fixed annuity systematically withdrawing amounts under $10,000 without the customer’s authorization; deposited funds into personal account converting funds for own use incurring $6,500 in surrender fees and adverse tax consequences
19. [ IMPRISONED ] (June 25, 2003)
Fort White, FL
Jerome Wayne Johnson –
Offense: Cultivation of marijuana plants to manufacture and distribute
Sentence: 1. 60 months’ imprisonment, 5 years’ supervised release; (May 27, 2004) 20 years’ imprisonment, concurrent to sentence imposed above, 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 2003)
White Plains, New York
Anthony Lucas Debenedictis (CRD #2326689)
NASD Case #C10030028
Fine: Submitted Acceptance, Waiver, and Consent Letter; fined $5,000; suspended from association with any NASD member in any capacity for 30 days; ordered to pay disgorgement of $381.43, plus interest, in unjust profits in partial restitution to public customers; effected transactions in the joint trust account of public customers without their consent; suspension from May 19, 2003 to June 17, 20020. [ IMPRISONED ] (Feb. 12, 2015)
Steele, MO Willie C. Johnson
Offense: Possession with intent to distribute cocaine base
Sentence: (Feb. 18, 2005); amended to 168 months’ imprisonment 360 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (February 2005)
Newark, Delaware David Anthony DeBlasio (CRD #2304878)
NASD Case #C9A040062
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying the allegations; consented to findings converted $80,000 from bank customers through variety of methods including using “debt slips” to make payments to other bank customers or to enrich himself
21. [ IMPRISONED ] (July 28, 1999)
Boynton Beach, FL
Mark Anthony Jones
Offense: Distribution of cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (July 1999) Philip
Miami, Florida
Sidney Gassman (CRD #1569242)
NASD Case #C07990028
Fine: Submitted Acceptance, Waiver, and Consent letter; censured, fined $5,000; suspended from association with any NASD member for 10 business days without admitting or denying the allegations, consented to sanctions and to entry of findings exercised discretionary power in a public customer’s account without obtaining customer authorization; without account accepted as discretionary account by member firm
22. [ IMPRISONED ] (May 3, 1990)
St. Petersburg, FL
Roy Larry Lee
Offense: Conspiracy to possess with intent to distribute cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (1990) [ FINRA does not publish 1990 Disciplinary Actions ]
23. [ IMPRISONED ] (Nov. 17, 2000)
Charlottesville, VA
Kenneth Lorenzo Lewis
Offense: Conspiracy to distribute cocaine base
Sentence: 262 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (November 2000)
New Orleans, Louisiana
Leon Wilman Brooks, Sr. (CRD #1064259)
NASD Case #C05000010
Fine: Barred from association with any NASD member; received $2,209 from public customers as payment for insurance premiums; converted $1,564 to own use without customer knowledge
24. [ IMPRISONED ] (Dec. 20, 1996)
Newberry, SC
Douglas M. Lindsay, II
Offense: Conspiracy to possess with intent to distribute cocaine and cocaine base
Sentence: amended to 293 months’ imprisonment (Mar. 4, 2015) Life imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (December 1998)
San Diego, California, Rockville, Maryland , Basking Ridge, New Jersey
Maureen Galligan, Gerald Seroy, and Jeffrey K. Trilling (Registered Representatives
Fine: Submitted Offers of Settlement; Galligan fined $6,567.15, Seroy was fined $2,552.94 and Trilling fined $2,812 and suspended from recommending any transactions in penny stocks for one year without admitting or denying the allegations, consented to entry of findings Galligan, Seroy, and Trilling effected $54,480 in penny stock transactions in contravention of Section 15(g) of Securities Exchange Act of 1934
25. [ IMPRISONED ] (Feb. 11, 2004)
James Island, SC
Kevin Matthews
Offense: Conspiracy to possess with intent to distribute cocaine base
Sentence: 232 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (February 2004)
Yonkers, New York
Julio Enrique DeJesus (CRD #4086955)
NASD Case #C11030043
Fine: Submitted Acceptance, Waiver, and Consent letter barred from association with any NASD member without admitting or denying consented to entry of findings falsified bank withdrawal slips and misused $15,000 by initiating unauthorized withdrawals from bank client accounts
26. [ IMPRISONED ] (Aug. 18, 1993)
St. Petersburg, FL
Marlon McNealy
Offense: Conspiracy to commit racketeering (two counts); conspiracy to distribute cocaine base; knowingly and intentionally distributing 50 grams or more of cocaine base (three counts)
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (August 1993) [ FINRA does not publish 1993 Disciplinary Actions ]
27. [ IMPRISONED ] (Apr. 28, 2004)
New Orleans, LA
Brian Nickles
Offense: Distribution of more than 50 grams of cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (April 2004)
Huntington, New York
Lawrence Michael Schwartz (CRD #1818360)
NASD Case #C10040014
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; consented to findings $713,000 forged checks from customer account by signing customer’s name to checks; failed to respond to NASD request
28. [ IMPRISONED ] (May 2, 2006)
Roanoke, VA
Jermaine Lee Osborne
Offense: Conspiracy to possess with intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (May 2006)
Alvada, Ohio
Theresa L. Logan (CRD #4614539)
NASD Case #E8A20040943-01
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; consented to findings forged public customer
29. [ IMPRISONED ] (June 13, 2005)
Miami, FL
Marcus H. Richards
Offense: Conspiracy to distribute and to possess with intent to distribute cocaine and cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 2005)
Depew, New York
Shawn Allen Linneborn (CRD #3023329)
NASD Case #C9B050024
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; converted $14,000; tried to convert additional $17,409.97, of customer funds; failed to respond to NASD requests
30. [ IMPRISONED ] (July 8, 1999)
Detroit, MI
Patrick Roberts
Offense: Conspiracy to possess with intent to distribute and distribute controlled substances
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (July 1999)
Orlando, Florida
Luanne Christine Lembo (CRD #2469080)
NASD Case #C9B990001
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying for 60 days; Without admitting or denying the allegations, Lembo consented to the described sanctions and to the entry of fin d i n g s that she signed the name of a public customer to a letter requesting the wire transfer of funds, without the customer’s knowledge or consent.
31. [ IMPRISONED ] (Apr. 1, 2003)
Kissimmee, FL
Bryant Keith Shelton
Offense: Distribution of cocaine base
Sentence: 188 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (April 2003)
East Northport, New York
David Edward Hausch (CRD #2353438)
NASD Case #C10990158
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity for two years without admitting or denying the allegations; consented to entry of findings failed to testify truthfully, accurately, non-deceptively, and/or completely during an NASD on-the-record interview. Hausch’s suspension is from April 7, 2003 to April 6, 2005.
32. [ IMPRISONED ] (Feb. 3, 2005)
St. Louis, MO
Ezekiel Simpson
Offense: Possession with intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (February 2005)
Irvine, California
Eva Yee May Sung (CRD #4567379)
NASD Case #C02040055
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; Sung consented to findings that forged signatures of public customers and branch manager on forms authorizing Sung new representative of certain “orphaned” brokerage accounts
33. [ IMPRISONED ] (Apr. 2, 2008).
Montrose, GA
Katrina Stuckey Smith
Offense: Conspiracy to possess with intent to distribute cocaine and cocaine base
Sentence: (July 20, 2000); amended to 240 months’ imprisonment 292 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (July 2000)
South Holland, Illinois
Brian Lamont Dale (CRD #2521526)
NASD Case #C8A990043
Fine: Barred from association with any NASD member in any capacity; ordered to repay member firm $2,798.56 in insurance commissions; used other agent’s name and code to submit insurance applications to receive $2,798.56 commissions from firm; failed to respond to NASD requests
34. [ IMPRISONED ] (May 27, 2003)
Martinsville, VA
James Marion Stockton
Offense: Possession with intent to distribute more than five grams of cocaine base; possession of a firearm during and in relation to a drug trafficking offense; possession of a firearm by a convicted felon; possession with intent to distribute cocaine base
Sentence: 420 months’ imprisonment; eight years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (May 2003)
East Rutherford, New Jersey
Ali Keita (CRD #4349045)
NASD Case #C9B030016
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; consented to findings that deposited $7,937.77 check, payable to member firm into personal bank account attempted to convert funds for personal use; failed to respond to NASD requests to appear for an on-the-record interview
35. [ IMPRISONED ] (Apr. 12, 2005)
Ashland, OH
Bart Stover
Offense: Conspiracy to possess with the intent to distribute marijuana and cocaine; commission of drug trafficking offense, aiding and abetting
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (April 2005)
Kent, Ohio
Mark Francis Mizenko (CRD #1812411)
NASD Case #C8B030012
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; committed forgery tracing corporate officer’s name onto document without permission; used notary seal to affix a purported corporate seal onto a document. This decision has been appealed to the SEC, and the sanction is not in effect pending consideration of the appeal
36. [ IMPRISONED ] (June 29, 1999)
Houston, TX
Robert Earl Thomas, Jr. Offense: Possession with intent to distribute a controlled substance
Sentence: 262 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 1999)
Providence, Rhode Island
Oscar Conrad Dotson (CRD #2585430)
NASD Case #C11990020
Fine: received a check in the amount of $556.70 from a public customer in order to pay the premium to reinstate her husband’s insurance policy, failed to apply the $556.70 to the insurance policy as intended by the customer, and instead, improperly converted the funds for his own use and benefit. The complaint also alleges that Dotson failed to respond to NASD requests for information
37. [ IMPRISONED ] Bruce Todd – Atlanta, GA
Offense: Distribution of at least 50 grams of crack cocaine
Sentence: (Mar. 3, 2003) 262 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (March 2003)
James William Jonen (CRD #704727)
NASD Case #C8A030007
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying had no authority; received check made payable to hmember firm, endorsed check to himself; deposited check into personal investment account; endorsed and deposited misdirected commission checks totaling $20,559.99 into personal investment account
38. [ IMPRISONED ] (June 13, 1996)
Pensacola, FL
Jeffery Jerome Toler –
Offense: Conspiracy to possess with intent to distribute cocaine and cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 1996)
Phoenix, Arizona
Steven J. Sogard
Submitted Settlement offer; fined $15,000; consented to sanctions and entry of findings offered and sold securities pursuant to three offering memoranda with material misrepresentations and omissions
39. [ IMPRISONED ] (Mar. 15, 2006)
Charleston, SC
Donald Vanderhorst –
Offense: Conspiracy to possess with intent to distribute and distribution of five kilograms or more of cocaine and 50 grams or more of cocaine base Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (March 2006)
Cherry Hill, New Jersey
Michael James France (CRD #3176408)
NASD Case #2005000090701
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying for 10 business days; must pay fine before reassociates with any NASD member following suspension, or before requests relief from a statutory disqualification; consented to sanctions and findings signed a Life Insurance Company Fixed Annuity Application lying witnessed public customer signing application not witness
40. [ IMPRISONED ] (Sept. 16, 2004)
Thibodeaux, LA
James Nathan Walton
Offense: Possession with intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (September 2004) [John Alan Briscoe (CRD #3168614, Registered Representative, Columbia, Georgia) Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; Briscoe consented to the described sanction and to the entry of findings that he falsified firm records and misappropriated his firm’s funds in that he submitted false contribution requests for retirement plan participants to his firm, resulting in the payment by the firm of approximately $71,000 in commissions to which Briscoe was not entitled. The findings also stated that Briscoe failed to respond to NASD requests for information. ]
[ FINRA DISCIPLINED NOT JAILED] (September 2004)
Rapid City, South Dakota
Diane Kathryn Byrd (CRD #4078944)
NASD Case #C07040037
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; misused customer funds totaling $74,333.20
41. [ IMPRISONED ] (Oct. 25, 2007)
Charlotte, NC
Telisha Rachette Watkins
Offense: Conspiracy to possess with intent to distribute cocaine and cocaine base
Sentence: 240 months’ imprisonment; eight years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (October 2007) Chicago, Illinois
Brandon W. Cade (CRD #5062931
FINRA Case #2006006367801
Fine: Barred from association with any FINRA Member based on findings withdrew $1,300 from his teller cash drawer at a bank affiliate of his member firm without permission used funds for own purpose; failed to respond to FINRA requests for information
42. [ IMPRISONED ] (Feb. 20, 1992)
Fort Myers, FL
Dunning Wells
Offense: Unlawful possession; distribution
Sentence: 502 months’ imprisonment; six years’ supervised release
[ FINRA DISCIPLINED & NOT JAILED] (1992)
FINRA does not publish 1992 Disciplinary Actions
43. [ IMPRISONED ] (Jan. 21, 2004)
Columbus, OH-
Kimberly A. Westmoreland
Offense: Conspiracy to distribute
Sentence: 180 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (January 2002)
Austin, Texas
Larry Joseph Bolden (CRD #2073064)
NASD Case #C06030010
Fine: Barred
44. [ IMPRISONED ] (Nov. 23, 1998)
Leas-burg, NC
James Rufus Woods
Offense: Possess with intent to distribute cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (November 1998)
New York
Ming Cheng
Fine: censured, fined $78,745, and barred
45. [ IMPRISONED ] (Las Cruces, NM)
(Aug. 30, 2004)
John M. Wyatt
Offense: Possession with intent to distribute
Sentence: 262 months’ imprisonment; eight years’ supervised release; $500 fine
[ FINRA DISCIPLINED NOT JAILED] (Vancouver, Washington) August 2004 Clyde Allen Christensen (CRD #1505051)
NASD Case #C3B040006
46. [ IMPRISONED ] (Joppa, AL) Robert Joe Young
Offense: Conspiracy to possess with the intent to distribute; possession with the intent to distribute
Sentence: (Dec. 16, 2002) 240 months’ imprisonment; 5 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (December 2002)
Long Branch, New Jersey
Amy Shui (CRD #707519) NASD Case #C9B020080
Fine: Submitted a Letter of Acceptance, Waiver, and Consent
46 others got their change to go home to DE, CA, FL, OH, the list goes on and on. Now multiply those states by an unknown number and divide, too, to guesstimate at the banality of laws that favor one class over another, not exactly the exceptional expected behaviour of the grand experiment crowed about by convenients withdrawn from the actuality of the below listed. At least they got some time off. Maybe understanding is due. Who is the worse criminal? The crack guy or the man walking the streets after financially devastating an investor class......
It just doesnt feel unfair. It is unfair, more correctly wrong.
46 Main Street'rs went to jail giving up ten years of their lives for drugs and deals; 46 Wall Street'rs skipped to their 'lou my darlin's' as the poem goes. The Wall Street'rs walked.
Legislators sound off often asking why Wall Street'rs are not in jail for crimes they do. Simple. Because Congress wrote laws that Congress does not assure are being followed.
Simple. Go back historically to see who sat on what Committee, federal and state, and how they voted then and how they vote now. Check headlines here and there, a picture comes together on how lobbying blurs laws, or does it.
I think not. A crime is a crime is a crime. Difference is how effective the lawyer is to due diligence. document dive and play memory, with documents, that is.
Sad that treason stole the headline. Guess that 46 people getting their lives back isn't newsworthy.
It is.
President Obama pardoned them:
1. [ IMPRISONED ] (Apr. 2, 1996) Charlotte, NC
Allen Bailey –
Offense: Conspiracy to violate narcotics laws (crack)
Sentenced: 360 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] Miami Beach, Florida
April 1992
Litwin Securities, Inc. and Harold A. Litwin (Registered Principal) Fined: $10,000, jointly and severally; prohibited from effecting principal transactions of any nature for one year; suspended from association with any NASD member in any principal capacity for six months and ordered to requalify by exam in any principal capa
2. [ IMPRISONED ] Youngstown, OH
Oct. 18, 2005
Shauna Barry-Scott –
Offense: Possession with intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (October 2005)
Destin, Florida
Thomas Michael Aretz CRD #1083897 (NASD Case #2005001180902) Fined: Submitted a Letter of Acceptance, Waiver and Consent; fined $5,000; suspended from association with any NASD member in any capacity for 60 days. Without admitting or denying that he borrowed $25,000 from a public customer in contravention of the firm’s written procedures. Suspension began September 12, 2005, concluding at close of business November 10, 2005.
3. [ IMPRISONED ] (Dec. 15, 1997)
Martinsville, VA
Larry Darnell Belcher –
Offense: Possession with intent to distribute cocaine; possession with intent to distribute marijuana Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (December 1997)
Hastings, Nebraska
Ronald Howard Tjarks (Registered Representative,)
Fined: $340,000 and barred from association with any NASD member; affixed a customer’s signature on $94,000 annuity withdrawal forms and withdrawal checks totaling without the knowledge or consent of the customer, deposited $54,000 into his personal bank account, converted the funds to his own use; Failed to respond to NASD
4. [ IMPRISONED ] (June 22, 2002)
Carthage, NC
John L. Houston Brower –
Offense: Distributed cocaine base (“crack”)
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 2002)
Littleton, Colorado
Carla Joy Halverson (CRD #859074)
NASD Case #C3A020007
Fined: Without admitting or denying the allegations, barred from association with NASD members; engaged in unauthorized transactions in the accounts of public customers without authorization
5. [ IMPRISONED ] (Aug. 1, 2002)
Orange Park, FL
Nathaniel Brown
Offense: Conspiracy to distribute cocaine and cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (August 2002) Edmonds, Washington Arthur Kenny Bryant (CRD #1827620)
NASD Case #C3B020002
Fined: Barred from association with NASD members; Bryant obtained a $4,000 check drawn on a public customer’s account; altered check, deposited the $3,900 check into his personal account, converted the funds for his own use
6. [ IMPRISONED ] (Jan. 15, 1993) Hyattsville, MD
Norman O’Neal Brown –
Offense: Distributed substance containing cocaine base (crack), aiding and abetting; possess with intent distribute substance of cocaine base (crack)
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (1993) [ FINRA does not publish online 1993 Disciplinary Actions ]
7. [ IMPRISONED ] (Sept. 2, 1993)
Chicago, IL
Joseph Burgos –
Offense: Distribution of cocaine; use of a communication facility in the commission of a felony
Sentence: 360 months’ imprisonment; eight years’ supervised release; $200,000 fine
[ FINRA DISCIPLINED NOT JAILED] (1993) [ FINRA does not publish online 1993 Disciplinary Actions ]
8. [ IMPRISONED ] (Mar. 25, 2002)
San Antonio, TX
Clarance Callies –
Offense: Conspiracy to distribute in excess of 50 grams of a mixture or substance containing a detectable amount of cocaine base (“crack cocaine”); possession with intent to distribute in excess of 50 grams of a mixture or substance containing a detectable amount of cocaine base (“crack cocaine”)
Sentence: 240 months imprisonment; 8 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (March 2002)
Alhambra, California
John Perez (CRD #1093871)
NASD Case #C07010067
Fined: Barred from association with NASD member; required to pay $5,000 restitution to a public customer. Took $5,000 investment money from public converted the funds for own use and benefit. Failed to respond to NASD
9. [ IMPRISONED ] (Sept. 3, 1999)
Tampa, FL
Anthony Leon Carroll –
Offense: Possession with intent to distribute cocaine base
Sentence: 262 months’ imprisonment; 5 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (September 1999)
Providence, Rhode Island
Marlene Marcello McKenna (CRD #832452)
NASD Case #C11990029
Fined: Submitted Acceptance, Waiver, and Consent letter’ was fined $450,000; barred from association with any NASD members; ordered to pay $86,710, plus interest, in restitution to public customers; converted and misappropriated at least $86,710 in cash proceeds from variable life insurance policies of public customers for own use and benefit.
10. [ IMPRISONED ] (Feb. 1, 2002)
Laredo, TX
Juan Diego Castro
Offense: Possession with intent to distribute a quantity cocaine
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (February 2002)
Plano, Texas Michael Earl Hill (CRD #2186074)
NASD Case #C06010048
Fined: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member without admitting or denying the allegations, consented to entry of findings he received $2.6 million from public customers based on representations that he was going to purchase certificates of deposit on their behalf; used these funds for personal benefit.
11. [ IMPRISONED ] (June 19, 1997)
Houston, TX
Joe Louis Champion –
Offense: Conspiracy to possess with intent to distribute crackaiding and abetting with intent to distribute crack
Sentence: Life imprisonment; 10 years’ supervised release; $4,000 fine
[ FINRA DISCIPLINED NOT JAILED] (June 1997)
San Francisco, California
Elliot Krausz Adler (Registered Representative) Fined: $25,000; barred from association with any NASD member; received $1,350 funds from a public customer to purchase of securities; failed to purchase securities; failed to respond to NASD
[ IMPRISONED ] (Nov. 15, 2004) – Orlando, FL Cedric Culpepper
Offense: Possession with intent to distribute cocaine base
Sentence: 188 months’ imprisonment; 4 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (November 2004)
Lido Beach, New York
John David Buglisi (CRD #2977744)
NASD Case #CLI040001
Fined: submitted an Offer of Settlement; fined $20,000; suspended from association with any NASD member for 45 days; without admitting or denying allegations, consented to entry of findings he purchased and sold shares of stock and call options in public customer accounts without the customers’ knowledge, consent, or authorization; suspension went from November 1, 2004 to December 15, 2004
13. [ IMPRISONED ] (Apr. 25, 2002)
Gary, IN
Walter R. Dennie
Offense: Conspiracy to distribute cocaine
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (April 2002)
Brooklyn, New York
Katarzyna Joanna Jeglinska (CRD #2475845)
NASD Case #C10020022
Fined: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member; without admitting or denying the allegations, consented to sanctions and entry of findings converted over $50,000 cash from the account of public customers maintained at her member firm for her use without customers’ knowledge, authorization, or consent
14. [ IMPRISONED ] (Oct. 16, 1992)
Oak Creek, WI
Steven D. Donovan
Offense: Conspiracy to possess with intent to distribute cocaine; possession and interstate travel to promote distribution of cocaine
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (October 1992)
Springfield, Massachusetts
Phung M. Le (CRD #3274440)
NASD Case #C11020011
Fine: Barred from association with any NASD member in any capacity; forged public customers’ signatures on traditional life insurance death benefit checks; deposited checks into accounts for own use
15. [ IMPRISONED ] (Oct. 1, 1997)
Chicago, IL
Romain Dukes
Offense: Conspiracy to distribute “crack”
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (October 1992)
Tucker, Georgia
Robert W. Campbell, Jr. (Registered Representative,)
Fine: $5,000, suspended from association with any NASD member for six months; ordered to requalify by exam as an investment company and variable contracts products representative; signed name of public customer to an investor disclosure form without the customer’s knowledge or authorization
16. [ IMPRISONED ] (June 8, 2001)
Knoxville, TN
Tony Lynn Hollis
Offense: Possession with intent to distribute 26.5 grams of cocaine base
Sentence: 262 months’ imprisonment; eight years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 2001)
El Paso, Texas
Petra Moreno (CRD #1738689)
NASD Case #C06000032
Fine: Barred from association with any NASD member; received checks totaling $427.46 representing payments for a life insurance policy the customer purchased, cashed the checks; used the funds for own use and benefit without the authorization of customer; failed to respond to NASD
17. [ IMPRISONED ] (Dec. 22, 1999) –
Mineral, VA
Alex William Jackson
Offense: Conspiracy to distribute cocaine base
Sentence: 262 months’ imprisonment; 60 months’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (December 1999)
Ellenville, New York
Scott Patrick Baumgarte (CRD #2912856)
NASD Case #C11990026
Fine: $25,000; barred from association with any NASD member; submitted fictitious applications for traditional life insurance policies to his member firm
18. [ IMPRISONED ] (Jan. 30, 2007)
Townsend, DE
Jackie Johnson
Offense: Possession with the intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (January 2007)
Ludlow, Massachusetts
Jo Anne Jean Goulet (CRD #4768440) NASD Case #2006004750801
Fine: Submitted Acceptance, Waiver and Consent letter; barred from association with any NASD member in any capacity without admitting or denying the findings; withdrew total of $116,000 from public customer’s fixed annuity systematically withdrawing amounts under $10,000 without the customer’s authorization; deposited funds into personal account converting funds for own use incurring $6,500 in surrender fees and adverse tax consequences
19. [ IMPRISONED ] (June 25, 2003)
Fort White, FL
Jerome Wayne Johnson –
Offense: Cultivation of marijuana plants to manufacture and distribute
Sentence: 1. 60 months’ imprisonment, 5 years’ supervised release; (May 27, 2004) 20 years’ imprisonment, concurrent to sentence imposed above, 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 2003)
White Plains, New York
Anthony Lucas Debenedictis (CRD #2326689)
NASD Case #C10030028
Fine: Submitted Acceptance, Waiver, and Consent Letter; fined $5,000; suspended from association with any NASD member in any capacity for 30 days; ordered to pay disgorgement of $381.43, plus interest, in unjust profits in partial restitution to public customers; effected transactions in the joint trust account of public customers without their consent; suspension from May 19, 2003 to June 17, 20020. [ IMPRISONED ] (Feb. 12, 2015)
Steele, MO Willie C. Johnson
Offense: Possession with intent to distribute cocaine base
Sentence: (Feb. 18, 2005); amended to 168 months’ imprisonment 360 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (February 2005)
Newark, Delaware David Anthony DeBlasio (CRD #2304878)
NASD Case #C9A040062
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying the allegations; consented to findings converted $80,000 from bank customers through variety of methods including using “debt slips” to make payments to other bank customers or to enrich himself
21. [ IMPRISONED ] (July 28, 1999)
Boynton Beach, FL
Mark Anthony Jones
Offense: Distribution of cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (July 1999) Philip
Miami, Florida
Sidney Gassman (CRD #1569242)
NASD Case #C07990028
Fine: Submitted Acceptance, Waiver, and Consent letter; censured, fined $5,000; suspended from association with any NASD member for 10 business days without admitting or denying the allegations, consented to sanctions and to entry of findings exercised discretionary power in a public customer’s account without obtaining customer authorization; without account accepted as discretionary account by member firm
22. [ IMPRISONED ] (May 3, 1990)
St. Petersburg, FL
Roy Larry Lee
Offense: Conspiracy to possess with intent to distribute cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (1990) [ FINRA does not publish 1990 Disciplinary Actions ]
23. [ IMPRISONED ] (Nov. 17, 2000)
Charlottesville, VA
Kenneth Lorenzo Lewis
Offense: Conspiracy to distribute cocaine base
Sentence: 262 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (November 2000)
New Orleans, Louisiana
Leon Wilman Brooks, Sr. (CRD #1064259)
NASD Case #C05000010
Fine: Barred from association with any NASD member; received $2,209 from public customers as payment for insurance premiums; converted $1,564 to own use without customer knowledge
24. [ IMPRISONED ] (Dec. 20, 1996)
Newberry, SC
Douglas M. Lindsay, II
Offense: Conspiracy to possess with intent to distribute cocaine and cocaine base
Sentence: amended to 293 months’ imprisonment (Mar. 4, 2015) Life imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (December 1998)
San Diego, California, Rockville, Maryland , Basking Ridge, New Jersey
Maureen Galligan, Gerald Seroy, and Jeffrey K. Trilling (Registered Representatives
Fine: Submitted Offers of Settlement; Galligan fined $6,567.15, Seroy was fined $2,552.94 and Trilling fined $2,812 and suspended from recommending any transactions in penny stocks for one year without admitting or denying the allegations, consented to entry of findings Galligan, Seroy, and Trilling effected $54,480 in penny stock transactions in contravention of Section 15(g) of Securities Exchange Act of 1934
25. [ IMPRISONED ] (Feb. 11, 2004)
James Island, SC
Kevin Matthews
Offense: Conspiracy to possess with intent to distribute cocaine base
Sentence: 232 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (February 2004)
Yonkers, New York
Julio Enrique DeJesus (CRD #4086955)
NASD Case #C11030043
Fine: Submitted Acceptance, Waiver, and Consent letter barred from association with any NASD member without admitting or denying consented to entry of findings falsified bank withdrawal slips and misused $15,000 by initiating unauthorized withdrawals from bank client accounts
26. [ IMPRISONED ] (Aug. 18, 1993)
St. Petersburg, FL
Marlon McNealy
Offense: Conspiracy to commit racketeering (two counts); conspiracy to distribute cocaine base; knowingly and intentionally distributing 50 grams or more of cocaine base (three counts)
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (August 1993) [ FINRA does not publish 1993 Disciplinary Actions ]
27. [ IMPRISONED ] (Apr. 28, 2004)
New Orleans, LA
Brian Nickles
Offense: Distribution of more than 50 grams of cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (April 2004)
Huntington, New York
Lawrence Michael Schwartz (CRD #1818360)
NASD Case #C10040014
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; consented to findings $713,000 forged checks from customer account by signing customer’s name to checks; failed to respond to NASD request
28. [ IMPRISONED ] (May 2, 2006)
Roanoke, VA
Jermaine Lee Osborne
Offense: Conspiracy to possess with intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (May 2006)
Alvada, Ohio
Theresa L. Logan (CRD #4614539)
NASD Case #E8A20040943-01
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; consented to findings forged public customer
29. [ IMPRISONED ] (June 13, 2005)
Miami, FL
Marcus H. Richards
Offense: Conspiracy to distribute and to possess with intent to distribute cocaine and cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 2005)
Depew, New York
Shawn Allen Linneborn (CRD #3023329)
NASD Case #C9B050024
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; converted $14,000; tried to convert additional $17,409.97, of customer funds; failed to respond to NASD requests
30. [ IMPRISONED ] (July 8, 1999)
Detroit, MI
Patrick Roberts
Offense: Conspiracy to possess with intent to distribute and distribute controlled substances
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (July 1999)
Orlando, Florida
Luanne Christine Lembo (CRD #2469080)
NASD Case #C9B990001
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying for 60 days; Without admitting or denying the allegations, Lembo consented to the described sanctions and to the entry of fin d i n g s that she signed the name of a public customer to a letter requesting the wire transfer of funds, without the customer’s knowledge or consent.
31. [ IMPRISONED ] (Apr. 1, 2003)
Kissimmee, FL
Bryant Keith Shelton
Offense: Distribution of cocaine base
Sentence: 188 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (April 2003)
East Northport, New York
David Edward Hausch (CRD #2353438)
NASD Case #C10990158
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity for two years without admitting or denying the allegations; consented to entry of findings failed to testify truthfully, accurately, non-deceptively, and/or completely during an NASD on-the-record interview. Hausch’s suspension is from April 7, 2003 to April 6, 2005.
32. [ IMPRISONED ] (Feb. 3, 2005)
St. Louis, MO
Ezekiel Simpson
Offense: Possession with intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (February 2005)
Irvine, California
Eva Yee May Sung (CRD #4567379)
NASD Case #C02040055
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; Sung consented to findings that forged signatures of public customers and branch manager on forms authorizing Sung new representative of certain “orphaned” brokerage accounts
33. [ IMPRISONED ] (Apr. 2, 2008).
Montrose, GA
Katrina Stuckey Smith
Offense: Conspiracy to possess with intent to distribute cocaine and cocaine base
Sentence: (July 20, 2000); amended to 240 months’ imprisonment 292 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (July 2000)
South Holland, Illinois
Brian Lamont Dale (CRD #2521526)
NASD Case #C8A990043
Fine: Barred from association with any NASD member in any capacity; ordered to repay member firm $2,798.56 in insurance commissions; used other agent’s name and code to submit insurance applications to receive $2,798.56 commissions from firm; failed to respond to NASD requests
34. [ IMPRISONED ] (May 27, 2003)
Martinsville, VA
James Marion Stockton
Offense: Possession with intent to distribute more than five grams of cocaine base; possession of a firearm during and in relation to a drug trafficking offense; possession of a firearm by a convicted felon; possession with intent to distribute cocaine base
Sentence: 420 months’ imprisonment; eight years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (May 2003)
East Rutherford, New Jersey
Ali Keita (CRD #4349045)
NASD Case #C9B030016
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; consented to findings that deposited $7,937.77 check, payable to member firm into personal bank account attempted to convert funds for personal use; failed to respond to NASD requests to appear for an on-the-record interview
35. [ IMPRISONED ] (Apr. 12, 2005)
Ashland, OH
Bart Stover
Offense: Conspiracy to possess with the intent to distribute marijuana and cocaine; commission of drug trafficking offense, aiding and abetting
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (April 2005)
Kent, Ohio
Mark Francis Mizenko (CRD #1812411)
NASD Case #C8B030012
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; committed forgery tracing corporate officer’s name onto document without permission; used notary seal to affix a purported corporate seal onto a document. This decision has been appealed to the SEC, and the sanction is not in effect pending consideration of the appeal
36. [ IMPRISONED ] (June 29, 1999)
Houston, TX
Robert Earl Thomas, Jr. Offense: Possession with intent to distribute a controlled substance
Sentence: 262 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 1999)
Providence, Rhode Island
Oscar Conrad Dotson (CRD #2585430)
NASD Case #C11990020
Fine: received a check in the amount of $556.70 from a public customer in order to pay the premium to reinstate her husband’s insurance policy, failed to apply the $556.70 to the insurance policy as intended by the customer, and instead, improperly converted the funds for his own use and benefit. The complaint also alleges that Dotson failed to respond to NASD requests for information
37. [ IMPRISONED ] Bruce Todd – Atlanta, GA
Offense: Distribution of at least 50 grams of crack cocaine
Sentence: (Mar. 3, 2003) 262 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (March 2003)
James William Jonen (CRD #704727)
NASD Case #C8A030007
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying had no authority; received check made payable to hmember firm, endorsed check to himself; deposited check into personal investment account; endorsed and deposited misdirected commission checks totaling $20,559.99 into personal investment account
38. [ IMPRISONED ] (June 13, 1996)
Pensacola, FL
Jeffery Jerome Toler –
Offense: Conspiracy to possess with intent to distribute cocaine and cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (June 1996)
Phoenix, Arizona
Steven J. Sogard
Submitted Settlement offer; fined $15,000; consented to sanctions and entry of findings offered and sold securities pursuant to three offering memoranda with material misrepresentations and omissions
39. [ IMPRISONED ] (Mar. 15, 2006)
Charleston, SC
Donald Vanderhorst –
Offense: Conspiracy to possess with intent to distribute and distribution of five kilograms or more of cocaine and 50 grams or more of cocaine base Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (March 2006)
Cherry Hill, New Jersey
Michael James France (CRD #3176408)
NASD Case #2005000090701
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying for 10 business days; must pay fine before reassociates with any NASD member following suspension, or before requests relief from a statutory disqualification; consented to sanctions and findings signed a Life Insurance Company Fixed Annuity Application lying witnessed public customer signing application not witness
40. [ IMPRISONED ] (Sept. 16, 2004)
Thibodeaux, LA
James Nathan Walton
Offense: Possession with intent to distribute cocaine base
Sentence: 240 months’ imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (September 2004) [John Alan Briscoe (CRD #3168614, Registered Representative, Columbia, Georgia) Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; Briscoe consented to the described sanction and to the entry of findings that he falsified firm records and misappropriated his firm’s funds in that he submitted false contribution requests for retirement plan participants to his firm, resulting in the payment by the firm of approximately $71,000 in commissions to which Briscoe was not entitled. The findings also stated that Briscoe failed to respond to NASD requests for information. ]
[ FINRA DISCIPLINED NOT JAILED] (September 2004)
Rapid City, South Dakota
Diane Kathryn Byrd (CRD #4078944)
NASD Case #C07040037
Fine: Submitted Acceptance, Waiver, and Consent letter; barred from association with any NASD member in any capacity without admitting or denying; misused customer funds totaling $74,333.20
41. [ IMPRISONED ] (Oct. 25, 2007)
Charlotte, NC
Telisha Rachette Watkins
Offense: Conspiracy to possess with intent to distribute cocaine and cocaine base
Sentence: 240 months’ imprisonment; eight years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (October 2007) Chicago, Illinois
Brandon W. Cade (CRD #5062931
FINRA Case #2006006367801
Fine: Barred from association with any FINRA Member based on findings withdrew $1,300 from his teller cash drawer at a bank affiliate of his member firm without permission used funds for own purpose; failed to respond to FINRA requests for information
42. [ IMPRISONED ] (Feb. 20, 1992)
Fort Myers, FL
Dunning Wells
Offense: Unlawful possession; distribution
Sentence: 502 months’ imprisonment; six years’ supervised release
[ FINRA DISCIPLINED & NOT JAILED] (1992)
FINRA does not publish 1992 Disciplinary Actions
43. [ IMPRISONED ] (Jan. 21, 2004)
Columbus, OH-
Kimberly A. Westmoreland
Offense: Conspiracy to distribute
Sentence: 180 months’ imprisonment; five years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (January 2002)
Austin, Texas
Larry Joseph Bolden (CRD #2073064)
NASD Case #C06030010
Fine: Barred
44. [ IMPRISONED ] (Nov. 23, 1998)
Leas-burg, NC
James Rufus Woods
Offense: Possess with intent to distribute cocaine base
Sentence: Life imprisonment; 10 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (November 1998)
New York
Ming Cheng
Fine: censured, fined $78,745, and barred
45. [ IMPRISONED ] (Las Cruces, NM)
(Aug. 30, 2004)
John M. Wyatt
Offense: Possession with intent to distribute
Sentence: 262 months’ imprisonment; eight years’ supervised release; $500 fine
[ FINRA DISCIPLINED NOT JAILED] (Vancouver, Washington) August 2004 Clyde Allen Christensen (CRD #1505051)
NASD Case #C3B040006
46. [ IMPRISONED ] (Joppa, AL) Robert Joe Young
Offense: Conspiracy to possess with the intent to distribute; possession with the intent to distribute
Sentence: (Dec. 16, 2002) 240 months’ imprisonment; 5 years’ supervised release
[ FINRA DISCIPLINED NOT JAILED] (December 2002)
Long Branch, New Jersey
Amy Shui (CRD #707519) NASD Case #C9B020080
Fine: Submitted a Letter of Acceptance, Waiver, and Consent