Franco allegedly failed to appear for testimony requested by FINRA in connection with their investigation.
The Sonn Law Group is investigating allegations that Gustavo Trujillo Franco committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.
Gustavo Trujillo Franco (CRD#: 6793684) was employed by Global Strategic Investments in Old Bridge, NJ, from May 2017 until May 2018. In February 2020, Franco was named in a FINRA complaint stating that he failed to appear for testimony under oath that FINRA requested.
According to the complaint, in August of 2018 FINRA began a cause examination of a broker-dealer that Franco had dealings with. The examination addressed, among other things, the broker-dealer’s allegedly fraudulent wire transfers of customers’ funds to a certain shell company that Franco was affiliated with, and the broker-dealer’s history with two investment advisors with which franco was affiliated with that allegedly falsified customers’ documents and engaged in suspicious trading activity.
FINRA sent Franco a written notice directing him to appear for testimony under oath in Florida in November of 2019. Franco did not appear. FINRA ordered Franco a second time to appear for testimony in December 2019. Franco did not comply with that notice either.
FINRA’s complaint was filed on February 26, 2020. The matter is currently pending.
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The Sonn Law Group is currently investigating allegations that Gustavo Trujillo Franco committed misconduct. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.