Kevin D. Wanner— Selling Fictitious Certificates of Deposit

California stockbroker fraud attorneyKevin D. Wanner Allegedly Sold Fictitious Certificates of Deposit

Kevin D. Wanner allegedly sold fictitious certificates of deposit, which purport to represent an investment in an FDIC-insured, interest-bearing account issued by various named financial institutions, according to statements from North Dakota Securities Commissioner Karen Tyler currently under review by attorneys Joe Peiffer and Alan Rosca.

Kevin D. Wanner, a Bismarck securities and insurance agent, allegedly sold the aforementioned investments at above current market rates, and purportedly put investor funds in accounts owned and controlled by him for his own purposes, according to reports from the North Dakota Securities Department.

The Peiffer Rosca Wolf securities lawyers are currently investigating Kevin D. Wanner’s alleged sale of fictitious certificates of deposit.

Kevin D. Wanner Receives Cease and Desist Order from North Dakota Securities Commissioner

Kevin D. Wanner, a Bismarck securities and insurance agent, has received a cease-and-desist order from the North Dakota Securities Commission, according to statements from North Dakota Securities Commissioner Karen Tyler currently under review by attorneys Joe Peiffer and Alan Rosca.

Kevin D. Wanner, who purportedly does business under the trade name Precision Financial Services, also received news from Karen Tyler that the Commissioner has also ordered the immediate suspension of Wanner’s registration as a securities agent with Questar Capital Corporation pending final determination of the matter after hearing or opportunity for hearing.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of the sale of alleged fictitious CD’s. They are currently investigating Kevin D. Wanner’s alleged sale of fictitious CD’s. 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 Kevin D. Wanner’s alleged sale of fictitious CD’s may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1180 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.