Jaime Rodriguez – Jaime R Rodriguez, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses
Jaime Rodriguez CRD #5128530
Jaime Rodriguez was previously licensed with CUSO Financial Services, L.P. and Capital One Investing, LLC. FINRA reports that Jaime Rodriguez was barred from the securities industry in October 2017.
ACCORDING TO FINRA: Jaime Rodriguez consented to the sanction and to the entry of findings that he converted approximately $200,000 from an elderly and legally blind customer and used these funds to purchase two apartments in Rodriguez’ name. The findings stated that when the customer’s lease on his apartment was terminated, Rodriguez offered to assist the customer with locating and purchasing a residence. Rodriguez purchased an apartment for approximately $70,000 in the Bronx, New York using the customer’s funds. The apartment was supposed to be purchased in the customer’s name. Unbeknownst to the customer, Rodriguez was the sole beneficial owner of the apartment. The customer was not able to see or read the documents due to his disability. Through these actions, Rodriguez converted the customer’s funds. Although Rodriguez legally owned the apartment, the customer moved into the apartment and lived there for several years. Rodriguez also recommended that the customer open a joint bank account with Jaime Rodriguez so Rodriguez could assist the customer with paying his bills. The joint banking account was opened at a non-affiliated bank with an initial opening balance of approximately $42,000. The joint bank account was funded exclusively by the customer and reached a balance as high as approximately $153,000 in September 2013. The funds in the joint bank account were intended to be used solely for the benefit of the customer and were only to be withdrawn with the customer’s permission. After a grocery store within walking distance of the apartment where the customer was residing closed, Jaime Rodriguez recommended that the customer purchase a second apartment. Jaime Rodriguez purchased a second apartment in Yonkers, New York for approximately $130,000 using the customer’s funds from the joint banking account. The apartment was supposed to be purchased in the customer’s name. Unbeknownst to the customer, Rodriguez was the sole beneficial owner of the apartment. The customer was not able to see or read the documents due to his disability. The customer did not reside in this apartment. Rather, without the customer’s authorization or consent, Rodriguez began renting the apartment to tenants and collected and retained the rent. Through these actions, Rodriguez converted the customer’s funds.
If you lost money on investments with Jaime Rodriguez and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Jaime Rodriguez conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Jaime Rodriguez and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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