The law firm of Oakes & Fosher is presently investigating the possible misconduct of former securities broker Domingo Gonzalez. According to his publicly available FINRA BrokerCheck report, Domingo Gonzalez has been the subject of a FINRA sanction
Domingo Gonzalez was a Virginia based securities broker. He worked in the securities industry for three years. During his career he was registered with two different securities firms.
His Registrations
- OneAmerica Securities (2014-2017)
- Park Avenue Securities (2017-2018)
The Allegations
Domingo Gonzalez’ FINRA BrokerCheck report shows that he was sanctioned by FINRA in April of 2018. FINRA’s findings state that he converted one of his customer’s funds without the customer’s authorization. Gonzalez allegedly recommended to the customer that they liquidate an IRA being held through a third-party entity so that he could then invest the proceeds in a firm account that he would service. The customer followed Gonzalez’ recommendation and liquidated said IRA for an amount totaling $2,629. The customer endorsed the check and gave it to Gonzalez with the belief that he would deposit it into her firm account. According to the findings, Domingo Gonzalez did not deposit the check into her firm account, but rather endorsed the check to himself and deposited in his own personal bank account. Domingo Gonzalez allegedly used the money to pay for his personal expenses, including paying off credit cards and dining at restaurants. Due to these alleged actions, FINRA barred Domingo Gonzalez from acting as a securities broker in any fashion.
Oakes & Fosher Can Help
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or anyone you know, have lost money investing with Domingo Gonzalez, please contact Oakes & Fosher for a free and private consultation.
