Brian Berger Accused of Stealing from Elderly Clients, Meyer Wilson Investigates
Brian Michael Berger (CRD# 3208127), formerly registered with Wells Fargo Advisors and MetLife Securities has been accused by a customer of misappropriating funds. In connection with an investigation into these allegations, FINRA requested Berger submit various documents and information. Berger failed to cooperate with the FINRA investigation, which is a violation of securities industry regulations, and has since been barred from the securities industry.
Unfortunately, senior citizens are a common target of investment fraud. This can happen for a number of reasons, including:
- Perceived cognitive impairments
- Grief due to loss of spouse or loved ones
- More time and availability to listen to investment proposals
- Politeness – many elderly investors will give into an investment pitch so they don’t seem rude
If you or your loved one invested with Brian Michael Berger, formerly with Wells Fargo or MetLife Securities, we invite you to contact a stockbroker fraud lawyer at Meyer Wilson today for a free review of your case. Let us explain your legal rights and options!
To learn more about a brokerage firm's role in preventing and detecting elder fraud, watch the video below.