FINRA recently announced that Thailia Alisa Tucker, a former financial advisor for Wachovia Securities, LLC in Miami , Florida , has been barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Tucker consented to the described sanction and to the entry of findings that she misappropriated approximately $847,188.87 from customers’ account at her member firm and used the funds for her own use and benefit. The findings further stated that to facilitate her improper use and misappropriation of customer funds, Tucker caused international customers’ accounts to be removed from an abandoned status, caused the addresses for the accounts to be changed to addresses that she controlled, effected unauthorized sales of securities in the customers’ accounts, forged Letters of Authorization (LOAs) and Wire Transfer Agreements (WTAs) to transfer funds out of the customers’ accounts, and approved and processed the fraudulent LOAs and WTAs. Tucker’s actions caused her firm to maintain inaccurate books and records. Finally, the findings stated that, to make cash available, Tucker sold securities in several accounts with the customers’ knowledge or authorization, then transferred the proceeds to herself through relatives by wire or check.
In addition to working as a financial advisor for Wachovia Securities, Thailia Tucker was also a registered representative for Global Strategic Investments, LLC, First Union Brokerage Services, Inc., Raymond James & Associates, Dean Witter Reynolds, Inc., and Merrill Lynch, Pierce, Fenner & Smith, Incorporated.
If you have questions about investments you made with Thailia Tucker, or if you believe that you are the victim of a misappropriation or other conversion by your financial advisor, the Law Offices of David A. Carter, P.A. may be able to help. David A. Carter is a securities lawyer based in Boca Raton, Florida. He reviews securities fraud cases throughout the country and Florida, including reviewing securities fraud cases in Miami, Coral Gables, Coconut Grove, Key Largo, Aventura, Hollywood, Fort Lauderdale, Sunrise, and Deerfield Beach. For more information on the firm’s securities fraud practice, please visit http://www.carterpa.com. To contact the Law Offices of David A. Carter, P.A., please call 561-750-6999 or email us at contact@carterpa.com.