California Securities Fraud Attorney Call Today 800-699-1881
California Securities Fraud Lawyer Firm Overview Attorney Profiles Recoveries Obtained Frequently Asked Questions Testimonials Contact Us
information center
Attorney Advertising Disclaimer
Securities
Broker Misrepresentation
Brokerage Firms Sued
FINRA
Structured Products
Hedge Fund Losses
Recognizing Investment Losses
Recovery of Investment Loss
Securities Arbitration
Reverse Convertible
Misconduct
Securities Fraud
Securities Mediation
Securities Litigation
Stock/ Investment Losses
Suitability/ Unsuitability
Unauthorized Trading
Common Claims
Products
Frequently Asked Questions
Attorney Referrals
Video Center
securities fraud blog
legal blog Click here for a free case evaluation. Read our Articles on Securities Related Issues here. have a question resources
contact us
Name:
Email:
Phone:
Are you a new client?
Message:
10 Avvo avvo badge
If you need help recovering your losses contact us today. View our complete list of brokerage firms and banks we've sued.

Nicholas C. Kramer Barred for Misappropriating Funds by Using Fake Identity

FINRA barred former Wells Fargo Advisors, LLC broker Nicholas Charles Kramer for using a fake identity to misappropriate funds while he was registered with the firm's branch in Glendora, California.

FINRA AWC #2015044359201

According to the report, Kramer created and used a series of fictitious identities to open savings, checking and credit card accounts at Wells Fargo, taking out cash advances and transferring funds to linked accounts before withdrawing the cash and converting the funds for personal use.

Investigators alleged that Kramer misappropriated a total of $15,750 from the bank during the course of his scheme from July 2013 through October 2014.

Employment records indicate Wells Fargo Advisors discharged Kramer after the allegations surfaced in early 2015.

Kramer's BrokerCheck file also shows a previous customer complaint that alleged violations related to investment trust suitability. At the time of the dispute, Kramer worked at Wells Fargo Investments in Rancho Cucamonga, transferring to Glendora about one month after the dispute closed as a denial.

If you have invested with former Wells Fargo representative Nicholas Kramer or another broker whose use of a fake or conduct or advice has proven harmful to your financial interests, please call The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for investigation and consultation.

accolades
The Law Offices of Jonathan W. Evans & Associates - California Securities Fraud Attorney
Located at 12711 Ventura Boulevard, Suite #440 Studio City, CA 91604. View Map
Phone: (800) 699-1881 | Local Phone: (818) 760-9880.
Website: