(FINRA Case #2018057246701)
Jimmy Oswald Moscoso (CRD #2912265, Boca Raton, Florida) – An AWC (Accept,Waiver & Consent) was issued in which Moscoso was barred from association with any FINRA member in all capacities.
Without admitting or denying the findings, Moscoso consented to the sanction and to the entry of findings that he converted an elderly customer’s funds. The findings stated that the elderly customer agreed to invest $20,000 in a purported real estate investment and gave Moscoso a check for $20,000 made payable to the name of a business owned by him. Moscoso endorsed the check, deposited it into a bank account he controlled and used the funds for his own personal use. After Moscoso’s member firm discovered his conduct, it fully reimbursed the customer and Moscoso reimbursed the firm.
Moscos was employed by Lincoln Financial Advisors (CRD# 3978) from March 2015 until January 2018 when he was discharged due to allegations.
If you feel you have been misled or taken advantage by Jimmy Oswald Moscoso or any Broker and wish to discuss legal action, please contact Darren Blum at 1-877-786-2552 (1-877-STOCK LAW), www.stockattorneys.com for a free consultation.