JOLIET, ILLINOIS

Have you lost money with financial advisor Ronald Molo, formerly of Edward Jones in Joliet, Illinois?  We are looking into allegations made against Ronald Molo.  Ronald Molo was recently charged with fraud for stealing $800,000 from clients, according the U.S. Attorney’s Office for the Northern District of Illinois.  He’s also been civilly charged with securities fraud by the SEC.

Ronald Molo has also been the subject of two customer complaints, and he was also recently terminated by Edward Jones.  Edward Jones alleged that Molo transferred client funds to an external account that is believed to be related to Molo.

Ronald Molo was a registered representative of Edward Jones from 2001 to June 2021.  He has worked at branch offices in Joliet, Illinois.

Brokerage firms like Edward Jones have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Illinois.  Attorney David Neuman grew up in the Chicagoland area and worked for several firms in Illinois.  Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Edward Jones.

Click to view Molo, R. BrokerCheck Report

If you lost money with Ronald Molo or Edward Jones, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.