Have you lost money with financial advisor Furman Ford of NYLife Securities in Raleigh, North Carolina? 

The law firm of Israels & Neuman looking into allegations made by the US Attorney for the Eastern District of North Carolina against Furman Alexander Ford. Ford was arrested and charged with eleven counts of mail and wire fraud for submitting fraudulent withdrawal letters to NYLife insurance, and receiving payments totaling $246,000.

The alleged conduct took place between August 2014 and December 2014.  At the time, Furman Alexander Ford was affiliated with NY Life Securities and NY Life insurance.

Furman Ford was a registered representative and financial advisor with NYLife Securities from 2007 to April 2015.  He worked out of a branch office in Raleigh, North Carolina.  He also worked with Ford & Associates Financial Group.

Broker-dealers like NYLife Securities have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives.  Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations.  When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Our firm represents investors throughout the country who are victims of financial advisors’ negligence and fraud in FINRA arbitration.  Our firm has offices in Seattle and Denver, and we continue to represent investors throughout the U.S., including throughout North Carolina and in Raleigh.

Click to view:  Ford, Furman BrokerCheck

If you have lost money with Furman Ford and NYLife Securities, and want to hear about ALL legal options, please visit http://www.israelsneuman.com/ or CONTACT US at 720-599-3505.