Broker Charged With Defrauding Customers
April 25, 2017
April 25, 2017
WASHINGTON, April 25 -- The Securities and Exchange Commission issued the following news release:
The Securities and Exchange Commission today charged a former broker with knowingly or recklessly trading unsuitable investment products in the accounts of five customers and misappropriating more than $170,000 from one of those customers.
The SEC's complaint alleges that Demitrios Hallas repeatedly traded unsuitable investments in his customers' accounts, exposing cust . . .
The Securities and Exchange Commission today charged a former broker with knowingly or recklessly trading unsuitable investment products in the accounts of five customers and misappropriating more than $170,000 from one of those customers.
The SEC's complaint alleges that Demitrios Hallas repeatedly traded unsuitable investments in his customers' accounts, exposing cust . . .