Donna Tucker Misappropriated Over $730,000 from Elderly Investors, According to SEC

stockbroker fraud attorney

stockbroker fraud attorney

Donna Jesse Tucker, formerly registered with UBS Financial Services Inc., misappropriated over $730,000 from elderly customers, according to complaint filed by the Securities and Exchange Commission (“SEC”).

The Peiffer Rosca securities practice attorneys Alan Rosca and Joe Peiffer are investigating the matter.

Donna Tucker Accused of Engaging in an Elaborate Fraudulent Scheme

Tucker is accused of misappropriating $730,289 from elderly UBS customers by engaging in an elaborate fraudulent scheme, according to the SEC. Tucker engaged in unauthorized trading and other financial transactions, made misrepresentations to customers about their investment accounts, and forged brokerage documents, banking documents, and other documents, according to the complaint.

Donna Tucker Allegedly Concealed Her Fraud Through Oral and Written Misstatements

Tucker was able to conceal her fraud through oral and written misstatements to her elderly customers, some of whom were legally blind, including the fabrication of false account statements, according to the SEC. Tucker also informed her customers that they could only receive their monthly account statements electronically while knowing that her elderly customers were unable or unwilling to access such statements, according to the complaint.

Donna Tucker Accused of Using Misappropriated Funds for Her Own Personal Use

Tucker used the misappropriated funds for her own personal benefit, according to the SEC. Tucker used her customers’ money to pay her daily expenses and fund a comfortable lifestyle that included vacations, three vehicles, and a country club membership, according to the complaint.

Investment Fraud Lawyers Investigating

The Peiffer Rosca securities attorneys often represent investors who lose money as a result of Ponzi schemes, investment fraud, or stockbroker misconduct. They are currently investigating the possibility of assisting victims with the recovery of their losses. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of investment fraud or misconduct may contact the securities lawyers at Peiffer Rosca, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: Donna Jesse Tucker

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Alan Rosca (1174 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.