The Securities and Alternate Fee has charged a former Cetera advisor/dealer with allegedly defrauding an older shopper out of about $2.4 million.
In a grievance filed in U.S. District Court docket for the Southern District of New York on Friday, the SEC alleged that between December 2021 and March 2022, Clarice Crystal Noticed engaged in a fraudulent scheme through which she misappropriated funds from her shopper whereas related to a registered broker-dealer.
The grievance didn’t establish the BD by identify, however Noticed was serving as an advisor/dealer for Cetera through the time interval specified, in accordance with her report on the SEC’s BrokerCheck web site.
Cetera didn’t instantly reply to a request for touch upon Tuesday. However, in a disclosure on Noticed’s BrokerCheck report dated Might 31, 2021, Cetera Funding Companies stated she voluntarily resigned from the agency.