Raymond Daniel Schmidt—Borrowing Money from Clients

Cleveland stockbroker fraud lawyer

Raymond Daniel Schmidt, Ex-LPL Broker, Allegedly Borrowed Money from Clients Raymond D. Schmidt allegedly borrowed money from clients, which is a violation of securities regulations and against many securities brokerage firms’ policies, according to recent documents from FINRA. The former LPL Financial LLC broker allegedly borrowed nearly $2.3 million from clients to build a vacation… Read more »