Former Edward Jones Broker Jennifer Basey Suspended by FINRA for Forgery

Jennifer Lillian Basey, a former registered representative of Edward D. Jones & Co., submitted a Letter of Acceptance, Waiver, and Consent (AWC) in which she consented to, but did not admit to or deny, the Financial Industry Regulatory Authority’s (FINRA) findings that she falsified a customer’s signature and forged customers’ initials. According to FINRA, Jennifer Basey of Lehigh Acres Florida falsified a customer’s signature on a document to facilitate an authorized customer asset transfer.  Further, between October 22, 2019 and November 5, 2019, Ms. Basey forged the initials of two other customers, a married couple, to facilitate another transfer. For violating FINRA Rule 2010, which requires FINRA members to observe high standards of commercial honor, FINRA assessed Ms. Basey a fine of $5,000 and suspended her for two months.  The suspension is in effect from April 20, 2020 through June 19, 2020.

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Former Fifth Third Securities Broker Permanently Barred For Misappropriating Investor Funds

Former Fifth Third Securities, Inc. (Fifth Third Securities) broker Steven Dunkelberg submitted a Letter of Acceptance, Waiver and Consent in which he consented to, but did not admit to or deny, the entry of the Financial Industry Regulatory Authority’s (FINRA) findings that he misappropriated $4,970.08 of a customer’s bank account without the customer’s knowledge or consent. According to FINRA, Steven James Dunkelberg Jr., of Grand Rapids, Michigan, forged his customer’s name on five different occasions on bank account withdrawal slips. Mr. Dunkelberg allegedly made the withdrawals from his customer’s Fifth Third Securities account without the customer’s knowledge or consent. FINRA found that Mr. Dunkelberg misappropriated $4,970.08 from the customer’s account. Consequently, Steven Dunkelberg was barred from association with any FINRA member in any capacity.

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