February 20, 2015 Comments (0) Blog, Securities Fraud

Jason Muskey Accused of Fraud

(Last Updated On: July 17, 2015)

Have you suffered financial losses as a result of investments made with Jason Muskey? If so, The White Law Group may be able to help you recover your investment losses through an arbitration claim with the Financial Industry Regulatory Authority (FINRA).

According to a press release from the United States Attorney’s Office for the Middle District of Pennsylvania, criminal charges have been filed against Jason Muskey for allegedly diverting nearly $2 million from clients accounts. Muskey is charged with mail fraud, money laundering and identity theft.

Allegedly, through his business, Muskey Financial Services, he forged client’s signatures to deposit money from their investment account into his personal account. In addition, when clients wanted to make withdrawals from their accounts, Muskey allegedly took funds from other clients accounts to purchase cashier checks to pay the client. The alleged wrongdoing occurred over a seven year period between 2007 to 2014.

It is unclear if investors will be able to get their money back from Muskey. According to the press release, the government is seeking forfeiture of Muskey’s assets, properties in Pennsylvania, a time share in the Grand Cayman Island and two boats.

The White Law Group is investigating the potential liability of the brokerage firm that employed Muskey has for his actions. When a FINRA affiliated broker fails to follow industry rules and allegedly steals from clients, the brokerage firm may be liable for negligent supervision and may be responsible for losses in a FINRA arbitration claim.

According to Jason Muskey’s BrokerCheck Report he worked in Pennsylvania with MetLife Securities from 01/2003 – 12/2005, Carillon Investments from 01/2006 – 06/2006, and most recently with Ameritas Investment Corp from 06/2006 – 06/2014.

If you believe that you’re a victim of Jason Muskey while he was employed by a FINRA affiliated brokerage firm and would like to discuss your legal options with a securities attorney, please call The White Law Group at (312) 238-9650 for a free consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to the representation of investors in FINRA arbitration claims against brokerage firms throughout the United States. The firm’s offices are located in Chicago, Illinois and Vero Beach, Florida.

For more information on The White Law Group, please visit our website at www.WhiteSecuritiesLaw.com.

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