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FINRA Broker Allegations

Allegations against: John Jay Kersey

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Customer alleges that from 2012 to 2017, the representative instructed the customer to write personal checks to the representative and that the representative misled the customer to believe that this money was deposited, on the customer's behalf, into a trust account with the firm. The firm has no record of this account. The customer alleges the representative wrongfully took her money.

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