FINRA bars Domingo Gonzalez (CRD #6333454, Chesapeake, Virginia)
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As reported in InvestmentNews, three Raymond James entities have agreed to pay over $15 million to resolve an investigation by the SEC. The settlement and SEC order focused on Raymond James’s actions in improperly charging certain clients advisory fees when the...read more
Domingo Gonzalez (CRD #6333454, Chesapeake, Virginia) April 9, 2018 – A Letter of Acceptance, Waiver and Consent (AWC) was issued in which Gonzalez was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Gonzalez consented to the sanction and to the entry of findings that he misused and converted a customer’s funds without her knowledge or authorization. The findings stated that Gonzalez recommended that the customer liquidate an individual retirement account (IRA) held through a third-party entity so that Gonzalez could invest the proceeds in an account at his member firm that he would service. Acting on Gonzalez’s recommendation, the customer liquidated her IRA and received a check in the approximate amount of $2,629 made payable to her, which represented the value of the IRA that she liquidated. The customer endorsed the check and gave it to Gonzalez to deposit into her firm account. However, instead of depositing the customer’s check, Gonzalez endorsed the check to himself and deposited it into his personal bank account. Gonzalez then used the proceeds from the check to pay for his personal expenses, including credit card bills, dining at restaurants and convenience store purchases. Gonzalez repaid the funds after the customer discovered that her funds were not deposited into her firm account. (FINRA Case #2017056563301)
If you or someone you know has lost money investing with Domingo Gonzalez call the experienced FINRA arbitration attorneys at Epperson & Greenidge, P.A. at 877-445-9261 for a free consultation. You may be eligible to recoup your losses. Epperson & Greenidge, P.A. accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-445-9261 now to speak to an attorney for free.