Chris Kubiak— Alleged Customer Conversion

Chris Raymond Kubiak Allegedly Converted $270K From His Customers & is Currently Being Investigated by the Franklin, Wisconsin Police for Theft

Chris Kubiak was allegedly given funds by four customers, three of which were senior citizens, totaling approximately $270,000, according to a Regulatory Action reported on Kubiak’s FINRA BrokerCheck under review by investor rights attorney Alan Rosca.

Said action goes on to detail that Kubiak, in reality, allegedly deposited the funds into his personal bank account and then purportedly used them for his own personal use, including to gamble and to pay for personal medical bills, FINRA states.

Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Chris Kubiak’s alleged customer conversion. Investors who believe they may have lost money in activity related to Chris Kubiak’s alleged customer conversion are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Kubiak is also currently being investigated by Franklin Police Department in Wisconsin, according to news reports.

Chris Raymond Kubiak Barred by FINRA

Chris Kubiak, based on the aforementioned alleged behavior, has been barred by FINRA in all capacities starting in October 18, 2018, his FINRA BrokerCheck notes.

Kubiak’s FINRA BrokerCheck Report also details that he was registered with Calton & Associates, Inc. in Brookfield, Wisconsin from July 17, 2017 until October 1, 2018. Kubiak was then reportedly discharged by Calton & Associates, Inc. after he was arrested on September 25, 2018 and charged with alleged felony theft by fraud, according to an Employment Separation after Allegations Notice on his BrokerCheck Report.

Chris Kubiak has 32 years of experience in the securities industry and has worked at the following firms:

• American Global Wealth Management, Inc., McDonough, GA— July 14, 2017 to August 11, 2017
• Freedom Investors Corp., Brookfield, WI — February 17, 1989 to July 17, 2017
• Dreher & Associated, Inc., Oakbrook Terrace, Illinois— June 25, 1986 to February 22, 1989

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Chris Kubiak’s alleged conversion of customer funds. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Chris Kubiak’s alleged conversion of customer funds may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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