The cantonrep.com is reporting that Vicki L. Perchinske, a former FirstMerit Bank financial advisor has been indicted by a federal grand jury on the charge of bank embezzlement. Additionally, documents publicly available from FINRA.org state that Ms. Perchinske is the named respondent on a FINRA complaint.

The complaint filed with FINRA alleges that Ms. Perchinske “made improper use of…$430,420.71 in funds from customers” and these funds were allegedly “deposited into Perchinske’s bank account.”

The cantonrep.com notes that “federal prosecutors said Perchinske took $534,799 from clients.” Further the article states that the investigation began when “family members of an 86-year-old nursing home resident reported $55,000 was missing from the woman’s bank accounts.” The investigation went on to reveal a series of alleged incidents involving some of FirstMerit’s elderly customers.

If you are concerned about an investment you have made with FirstMerit Bank or Vicki Perchinske and would like to speak to a securities attorney, please call our Chicago office at 312-238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit http://whitesecuritieslaw.com.