Steven Dunkelberg – Broker Misappropriation of Funds

broker misconduct attorneysSteven J. Dunkelberg Misappropriated Funds from a Fifth Third Bank Customer: FINRA Charges

Steven J. Dunkelberg misappropriated about $5K from a customer’s account whilst he worked at Fifth Third Bank, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).

The AWC goes on to further detail how on five distinct instances, between October 3, 2014 and December 18, 2014, Dunkelberg forged a bank customer’s name (known only as RH) on withdrawal slips and made withdrawals from RH’s Fifth Third bank account without RH’s knowledge or consent.

Steven J. Dunkelberg Barred from Associating with any FINRA Member Firm

In total, the AWC alleges, Steven J. Dunkelberg misappropriated $4,970.08 which is a direct violation of the FINRA Rule which states that “[a] member, in the conduct of his business, shall observe high standards of commercial honor and just and equitable principles of trade.”

By misappropriating funds from bank customer RH, the AWC notes, Dunkelberg violated FINRA Rules. Hence, Dunkelberg has consented to the imposition of the following sanctions: A bar in all capacities from associating with any FINRA member.

The Peiffer Wolf Carr & Kane Investment Rights Lawyers Often Represent Investors

The Peiffer Wolf Carr & Kane investment rights lawyers often represent investors who lose money as a result of investment misconduct. 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 misconduct may contact the investment rights lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.

Broker: Steven J. Dunkelberg

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

phil korosec (1249 Posts)

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.