Broker Theft

Former Merrill Lynch Broker, Christopher Hibbard, Fired and Supsended After Investor Accused Him of Theft

On February 7, 2018, FINRA suspended Christopher Lee Hibbard due his alleged failure to cooperate with FINRA’s investigation into accusations he stole from an investor client.  FINRA (Financial Industry Regulatory Authority, Inc.) registers and regulates security brokers and brokerage firms. Merrill Lynch had previously reported to FINRA on January 8, 2018 that it fired Hibbard

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Former Wells Fargo Broker, Jeffrey Palish, Arrested Following Theft Accusations

The Bergen County Prosecutor’s Office reported that former financial advisor Jeffrey H. Palish, from Woodcliff Lake, New Jersey, was arrested on February 21, 2018 following accusations he stole money from his elderly clients.   Detectives from Bergen County arrested Palish in Paramus, New Jersey and the Bergen County Prosecutor’s Office has charged him with theft by

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