(888) 637-5510

Written by 6:19 pm Blog, Securities Fraud Articles

Ryan Muneo Kimura barred from FINRA

According to a recent FINRA announcement, Ryan Muneo Kimura, formerly of Sun Life Financial Distributors, Inc.  in Honolulu , Hawaii , has been barred from associating with any FINRA member firm.

Without admitting or denying the findings, Kimura consented to the findings that he misappropriated $1.29 million from relatives’ accounts that he managed.  The findings further stated that Kimura intercepted checkbooks linked to the accounts, forged checks to himself and his creditors, and concealed his activity by fabricating account statements and diverting the actual account statements to a mailbox he maintained.

It is uncommon for a financial advisor to isappropriate funds from a client but such claims for theft or conversion to occur.

Kimura was previously employed by Morgan Stanley.  It is unclear from FINRA’s announcement at which firm the misappropriating of funds took place (Morgan Stanley or Sun Life Financial Distributors), but according to Kumera’s FINRA Broker Report, Kumera was named in a customer complaint that related to securities fraud that appears related.

If you have questions about investments you made with Ryan Muneo Kimura, Sun Life or Morgan Stanley, 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: , , , , , , , , , , , , , Last modified: December 6, 2022