Theft and Conversion of Funds, Fraud and Misrepresentation Attorney, Russell L. Forkey, Esq.
Vicki Lee Perchinske (CRD #2628617, Registered Representative, Canton, Ohio) was fined $430,420.71, representing the total amount of ill-gotten gain she derived from her conversion of customer funds, and barred from association with any FINRA member in any capacity. The sanctions were based on findings that Perchinske misused and converted $430,420.71 from customers by liquidating their annuities and mutual funds, or withdrawing funds the customers held at a bank affiliated with her member firm, and using the proceeds to purchase cashier’s checks, which were deposited into her personal bank account. The findings stated that Perchinske failed to respond to FINRA requests to appear for on-the-record testimony. (FINRA Case #2010024843701).