Wilfred Rodriguez Jr.— Alleged Customer Fund Conversion

Wilfred Rodriguez Jr. Allegedly Converted Funds of Foreign Customers’ & Hid it by Falsifying Account Documents with Purported Inflated Account Values

Wilfred Rodriguez Jr., of Pompano Beach, Florida, allegedly converted funds of foreign customers’ and concealed it by falsifying account documents with inflated account values, according to FINRA Reports under review by investor rights attorney Alan Rosca.

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

Wilfred Rodriguez Jr. Barred by FINRA; Rodriguez Jr. Allegedly Failed to Provide FINRA with Requested Documents & Information

Wilfred Rodriguez Jr. allegedly failed to provide FINRA with requested documents and information in connection with FINRA’s investigation into allegations reported on his Form U5 and allegations that he converted funds of foreign customers’ and concealed it by falsifying account documents with inflated account values, FINRA states.

Wilfred Rodriguez Jr., without admitting or denying the FINRA findings, reportedly consented to the sanction and to the entry of findings, FINRA notes. Wilfred Rodriguez Jr., without admitting or denying the FINRA findings, has also consented to the SEC’s order, according to a letter of consent.

Wilfred Rodriguez Jr. has been in the securities industry for 23 years at 7 different firms and was most recently registered with Wells Fargo Clearing Services in Boca Raton, Florida from July 1, 2003 until August 1, 2018, FINRA notes.

Wilfred Rodriguez Jr. was allegedly terminated by Wells Fargo after he allegedly moved funds between a client’s accounts to hold onto his his status as an international financier, FINRA reports.

He also worked for Prudential Securities in New York, NY from May 21, 2002 until July 1, 2003, and with UBS Painewebber in Weehawken, NJ from April 30, 1999 until June 13, 2002, FINRA reports.

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 Wilfred Rodriguez Jr.’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 Wilfred Rodriguez Jr.’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.

How to contact us?

We can also do a Zoom call to discuss your matter.