SERVING CLIENTS NATIONWIDE

Christian A. Molina Barred for Unauthorized Withdrawal on Altered Bank Slip

FINRA barred former Chase Investment Services Corp. representative Christian A. Molina for allegedly negotiating a $4,000 withdrawal from a client's account without the client's knowledge or consent.

FINRA Case #20110299607

The investigation states that in addition to falsely informing the JP Morgan Chase Bank, N.A. teller that the customer was present at the time of the withdrawal, Molina modified a withdrawal slip that had been previously signed by the customer.

Specifically, FINRA alleged that Molina altered the withdrawal slip by changing the withdrawal amount from "$1,000" to "$4,000," after which Molina converted the customer's funds for personal use.

In retail banking just as in investing, it is important to remain diligent regarding accounts and activities in order to ensure detection of anomalies, such as unusual withdrawals, charges, trades or transfers.

If you have invested with Christian A. Molina or with any broker or firm you believe has engaged in unauthorized activity in your investment account and such misconduct has proven harmful to your financial interests, please call The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.

Categories