Jamie Patrick Lake, formerly of Questar Capital Corporation in Scranton, Pennsylvania, barred from FINRA. Without admitting or denying the findings, Lake consented to the entry of findings that he solicited customers to invest a total of $729,500 in different investment schemes through his weekly radio talk-show and daily radio advertising spots. The findings further stated that Lake converted $671,321 he solicited for his personal use and returned only $58,179 to customers.
According to Jamie Patrick Lake’s FINRA Broker Report, FINRA’s investigation is not the first time that Lake had been implicated in matters related to securities fraud. Lake has also been named in at least 15 customer complaints related to securities fraud and securities violations.
Jamie Patrick Lake was previously registered as a broker with USAllianz Securities, Inc. and Triad Advisors, Inc.
If you have questions about investments you made with Jamie Patrick Lake or Questar Capital Corporation, or if you believe that you have been the victim of a securities fraud, The White Law Group may be able to help. To speak to a securities attorney, please call our Chicago office at 312-238-9650 for a free consultation.
The White Law Group 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, visit https://whitesecuritieslaw.com.
Tags: broker fraud, FINRA, investment losses, investor protection, Jamie Patrick Lake, law firm, NASD, Pennsylvania, Questar Capital Corporation, Scranton, SEC, securities arbitration, Securities Attorney, Securities Lawyer Last modified: July 17, 2015
