South Florida Arbitration & Litigation Lawyer Blog
Theft and Forgery FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
January, 2012:
Jan D. Narrine (CRD #5738183, Associated Person, Winter Garden, Florida) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Narrine consented to the described sanction and to the entry of findings that he misappropriated a total of $57,311.99 by transferring funds from customers’ accounts to his own, and in each instance, forged the customers’ signatures on LOAs, which falsely purported to authorize and instruct the transfers. The findings stated that the transfers were made without the customers’ knowledge or authorization. (FINRA Case #2010024395501).