Woodbury Broker Disallowed After Advising an Unapproved Item

A broker previously signed up with Woodbury Financial Services Inc., an independent broker-dealer that’s part of the Advisor Group network, was disallowed from the market after cannot offer an on-the-record statement to Finra u-5 about an examination into unauthorized-product sales.

The Financial Industry Regulatory Authority Inc., the brokerage market guard dog, disallowed Lawrence M. Thomas from connecting with any signed-up broker-dealer in the future following an examination into Mr. Thomas’ suggestion that Woodbury clients purchase an unapproved item, inning accordance with a letter of approval, waiver, and permission submitted June 12.

Mr. Lawrence decreased a Finra demand to stand for Testament, the outcome which is a bar from the market.

The broker was signed up with Woodbury from 2005-2013. He was mostly just recently signed up with Essex Securities, till 2015, and isn’t presently connected with another broker-dealer.

In 2016, Mr. Thomas granted findings that he directed his assistant to create the signatures of 3 clients on roughly 10 files. He was suspended for 3 months and fined $5,000.

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Financiers Who Recuperated Losses in Current Months After Brokers Advised LINN or Breitburn Applaud Mark Tepper Law Company

FT. LAUDERDALE, Fla., June 14, 2017, / PRNewswire/– A retired Broward school instructor who just recently recuperated losses in BreitBurn Energy Partners LP. [OTC: BBEPQ] has applauded the Mark Tepper law practice for its operations in representing his claim for damages versus Merrill Lynch. (Learn More at MarkTepper.com).

The claim, submitted on his behalf by the Mark Tepper law office, was supported by an FINRA arbitrator. Inning accordance with the accusations in the effective claim, Merrill Lynch broker Edward M. Cahill, CRD # 1159741, had suggested BreitBurn Energy Partners LP. [OTC: BBEPQ], to retired instructor Andrew Greene.

The FINRA Arbitrator granted Greene countervailing damages, pre-judgment interest, specialist costs, lawyer’s costs to be court figured out, and filing charge repayment. “I was happy when my lawyer Mark Tepper informed me that we had actually won my claim. If I had not discovered him to represent me, I ‘d have absolutely nothing,” Greene stated.

An FINRA Arbitrator likewise just recently granted offsetting damages, interest, and filing cost repayment, to an army veteran in a claim versus Raymond James (NYSE: RJF), following financial investment losses in LINN Energy LLC (OTC: LNGG).

” Attorney Mark A. Tepper is a real protector of financiers by winning the defend recovery in my arbitration claim versus Raymond James,” Army veteran, Jim Struble stated.

The effective claim, submitted by the Mark Tepper law company versus Raymond James, declared that Raymond James broker, John S. MacGowan, CRD # 315901, “kept pressing LINN as the ideal option to a CD.”.

” We’re really happy with the finding by FINRA’s arbitrators in favor of our customers whose brokers suggested LINN Energy or BreitBurn financial investments,” Mr. Tepper, a previous New York Assistant Attorney General and Chief Trial Counsel at the Bureau of Investor Protection and Securities, stated.

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Bridgeport nurse accused of Medicaid scams in Westchester

A signed up nurse from Bridgeport, Connecticut, deals with felony charges for supposedly bilking the Medicaid system by wrongly declaring more than $390,000 for private-duty nursing services to 2 badly handicapped Medicaid receivers in New Rochelle and Peekskill.

State Attorney General Eric T. Schneiderman on Monday revealed the arrest and indictment of Collins Anyanwu-Mueller, 47, for incorrectly declaring Medicaid payments in between August 2010 and January 2015. He was arraigned in Westchester County Court in White Plains on charges of second-degree grand larceny and first-degree providing an incorrect instrument for filing, both felonies.

The chief law officer’s Medicaid Fraud Control Unit declared in court files that Anyanwu-Mueller incorrectly declared to have actually supplied private-duty nursing to 2 handicapped individuals who needed 24-hour care at their Westchester houses. Private investigators discovered the nurse sent medical claims for services on dates when the Medicaid receivers remained in the healthcare facility, when another nurse supplied care, when Anyanwu-Mueller was vacationing in Europe when he was taking care of another patient.

For a prolonged duration, inning accordance with the chief law officer’s workplace, Anyanwu-Mueller sent out an unlicensed person to the Medicaid recipient’s home but billed Medicaid as if he himself supplied the care.

“When healthcare specialists take public funds, they weaken an essential system that links countless New Yorkers with needed medical services,” Schneiderman stated in a news release.

If founded guilty of both felony charges, Anyanwu-Mueller might get an optimal sentence of 15 years in state jail.

County Judge Larry J. Schwartz set the nurse’s bail at $75,000 and arranged his next court look on July 11.

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Social employee, case supervisor scammed Medicaid from almost $160K, police officers say

A 58-year-old social employee and his fiancée, a case supervisor, were apprehended after authorities say they scammed Medicaid from almost $160,000, inning accordance with court files.

Anthony Handal and Sandra Mora, 46, billed Medicaid in between September 2015 and March for services they never ever supplied, stated detectives from the Florida Attorney General’s Medicaid Fraud Control Unit.

They say Handal and Mora worked for MTS Health Services, which has a workplace at 5025 S. Orange Ave. Handal was a certified scientific social employee and Mora was a case supervisor, files state.

“In most cases, Mora started contact with these kids and households in need of services and gathered their Medicaid details,” detectives composed in an arrest affidavit. “After collecting the needed information, Handal and Mora would produce incorrect documents to support the deceptive billing later on sent to MTS and after that the Medicaid Program.”

In one case, Handal and Mora were billing Medicaid for child treatment sessions 2 or 3 times a week when they in fact were just doing them two times a month, the files say.

Authorities say the suspects billed Medicaid for sessions in December and January, but the child’s mom informed authorities they ran out town for the majority of those months.

Sessions consisted of Christmas Day and New Year’s Eve, inning accordance with files.

In all, authorities stated Handal and Mora billed Medicaid almost for 900 hours of services for the very same customer when they in fact carried out about 100 hours’ worth of treatment for the child, authorities stated.

Inning accordance with the affidavit, detectives had the child’s mom make a tape-recorded telephone call to Handal where he informed her to support the inflated billing and he would “make sure” of her.

Handal and Mora were required to the Orange County Jail on charges of Medicaid scams and arranged scams

Handal’s bail was set at $200,000. Mora is being hung on $120,000 bail.

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