April 13, 2015- Boca Raton, FL
The Sun Sentinel reports that Richard Ohrn, 44, a former local stock broker who disappeared while fishing in the Atlantic ocean a few weeks back, has admitted that he staged his disappearance by abandoning the boat and driving to Albany, Georgia.
According to the article Ohrn was trying to escape legal issues, including a suit by a former employer alleging that he stole from customer accounts and a civil action accusing him and his wife of misusing funds raised for a home-investing business.
FINRA records indicate that he was named in a FINRA complaint in December 2014 alleging that he converted $15,250 from two elderly clients by forging signatures. That matter is still pending.
According to FINRA records, Ohrn, who is not currently registered, was previously registered with Wells Fargo Advisors 6/2011-8/2012. Prior to that he was registered with Chase Investment Services 7/2009-6/2011.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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