Robert Neil Tricarico— Fraud & Stealing from Clients

investment fraud attorney ClevelandRobert Neil Tricarico Allegedly Committed Acts of Fraud and Stole More than $1.2 Million from a Client

Robert Tricarico, 60 and a Milford financial advisor, allegedly committed acts of fraud and stole more than $1.2 million from a client, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) and Documents from the State of Connecticut Department of Banking currently under review by attorneys Alan Rosca and James Booker.

According to court documents and statements made in court, Tricarico allegedly acted as a financial advisor for an elderly and infirm client who held substantial assets, according to court documents and statements made in Connecticut.  Tricarico allegedly misappropriated more than $1.1 million from said victim by purportedly writing multiple checks to himself, according to the AWC and Court Documents.

The Peiffer Rosca Wolf securities lawyers are currently investigating Robert Tricarico’s alleged fraud and theft of client funds.

Robert Tricarico Barred by FINRA Following an Alleged failure to Respond to Requests to Provide Information and Documents Concerning the Course of an Investigation that Tricarico May Have Stolen Money from Clients

Robert Tricarico has been barred by FINRA following allegations that Tricarico failed to respond to regulator’s requests to provide information and documents concerning an investigation into claims that Tricarico may have stolen money from clients, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

Tricarico was terminated by LPL Financial following allegations that the broker was the subject of a lawsuit by the executrix of a deceased client that alleged misappropriation of funds, the AWC reports. During the course of the investigation FINRA sought to investigate LPL’s statements and sent Tricarico requests for information, the AWC further alleges.

Despite multiple requests from FINRA for information and some additional correspondence with Tricarico and his counsel, Tricarico allegedly did not provide sufficient documents and information to cover FINRA’s requests, the AWC reports. Hence, Tricarico allegedly violated FINRA Rules, and as a response FINRA barred Tricarico, the AWC notes. One should also note that, according to the AWC, Robert Tricarico neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged acts of fraud and client theft and are currently investigating Robert Tricarico’s alleged acts of fraud and client theft. 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 Robert Tricarico’s alleged acts of fraud and client theft assets may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1141 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.