Dante DeMiro

We are investigating former financial advisor Dante DeMiro and his employer’s supervision of him. Recently, DeMiro has pled guilty to three counts of bank fraud and two counts of wire fraud and he received a 10 year prison sentence. Demiro ran a classic ponzi scheme defrauding dozens of investors over at least a three year…

FINRA Fines Prudential Annuities $950,000

The Financial Industry Regulatory Authority (FINRA) fined Prudential Annuities Distributors, Inc. $950,000 for failing to detect and prevent a scheme that resulted in the theft of $1.3 million from an 89-year-old customer’s variable annuity account. FINRA alleged that Prudential Annuities failed to safeguard customers from a former registered sales assistant at LPL Financial, Travis Wetzel.…