The law firm is investigating former Wells Fargo financial advisor John Greg Schmidt (“Schmidt”) also known as Greg Schmidt. On September 25, 2018 the Securities and Exchange Commission (SEC) filed a complaint against Schmidt, alleging he engaged in a “Ponzi” scheme for years where he stole funds from customers’ accounts. The Financial Industry Regulatory Authority (FINRA) suspended his securities license and barred him from conducting business in the industry.
If you are, or were a client or customer of Schmidt at Wells Fargo, you may wish to have your situation or brokerage account reviewed to determine if you were a victim or have a possible claim.
Please contact Jake Zamansky by telephone at (212) 742-1414 or by email at email@example.com.