FINRA fined and suspended former Securities America broker Kimberly Elizabeth Nuessmann aka Kimberly Nigal or Kimberly Pineo for impersonating a deceased firm customer for the purpose of transferring IRA funds without proper authorization.
The findings indicate that Kimberly Nuessmann (CRD #1596560) impersonated her deceased relative who was also a Securities America customer while attempting to transfer the proceeds of the customer's IRA account to accounts controlled by Nuessmann's other relatives.
Securities America, which initially did not know the customer was deceased, called the number on file to verify the distribution request. Nuessmann purportedly answered and impersonated the deceased customer on the phone, verifying the request.
When the calling Securities America employee then discovered that the customer that owned the IRA account was deceased, they called Nuessmann who then allegedly stated, incorrectly, that the customer was still alive.
If you invested with Securities America's Kimberly Nuessmann or with any other broker or investment adviser who impersonated you or transferred money out of a deceased loved one's account without authorization, please call an experienced FINRA arbitration attorney at The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.