Tony Huang Barred From Securities Industry After Falsifying Life Insurance Applications
Tony Huang, formerly associated with NY Life Securities, LLC, was barred from the securities industry by the Financial Industry Regulatory Authority (“FINRA”) after allegedly participating in a scheme to falsify life insurance applications.
Huang Accused of Impersonating Customers
Huang is accused of actively participating in a scheme to falsify life insurance applications, according to FINRA. Huang forged customer signatures on insurance applications and impersonated customers during quality assurance calls, according to FINRA.
To further the scheme of falsifying life insurance applications, Huang arranged for fluid samples belonging to people other than the insurance applications to be submitted in place of the actual customers, according to FINRA.
Huang was barred from the securities industry without denying or admitting FINRA’s findings.
Securities Attorneys 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: Tony Huang
Status: INVESTIGATED by Peiffer Rosca.
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