Florida Broker Terminated for Allegedly Using Customer Funds for His Own Personal Benefit

According to FINRA’s Disciplinary and Other FINRA Actions Publication, Giovanni L. Acevedo (CRD No. 2508321) of Voya Financial Advisors, formerly known as ING Financial Partners, was terminated for allegedly stealing money from his clients and for providing false information to FINRA during its investigation.

FINRA alleged that Acevedo converted more than $160,000 from three (3) customers for his own personal use rather than investing the clients’ funds. Acevedo allegedly took checks from his clients, altered the payee line, and deposited them into his personal account rather than investing the funds. (See FINRA Disciplinary Proceeding No. 2014041529001)

According to FINRA’s Broker Check, Giovanni L. Acevedo is not currently licensed to act as a broker or as an investment adviser. Acevedo was registered in the securities industry for twenty years (20) with the following firm(s):

VOYA FINANCIAL ADVISORS, INC.
CRD #2882
WILTON MANORS, FL
08/2006 – 09/2014

QUESTAR CAPITAL CORPORATION
CRD #43100
FORT LAUDERDALE, FL
02/2000 – 08/2006

FIRST UNION BROKERAGE SERVICES, INC.
CRD #8112
CHARLOTTE, NC
07/1994 – 02/2000

If you have suffered investment losses as a result of your broker’s or brokerage firm’s misconduct, contact the Hanley Law to discuss your legal options. The Hanley Law is dedicated to helping investors nationwide. If you have lost money as a result of your broker’s recommendations, you may be entitled to recover your investment losses. Contact our office toll free at (239) 649-0050 for a complimentary initial consultation.

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