The Securities and Exchange Commission (SEC) charged Donna Jessee Tucker with stealing $730,000 from her elderly clients in order to finance her luxurious lifestyle. The SEC alleges that Tucker purposefully arranged for her clients’ statements to be delivered electronically although some might not be able to access the internet due to their advanced age. Furthermore, some of her clients were blind and were unable to track how she maneuvered their accounts.
Tucker, now permanently barred, was registered with UBS Financial Services from 2007 – 2013 and with A.G. Edwards & Sons from 2003 until 2007.
Tucker, 58, has also pleaded guilty to federal crimes including a single count each of wire fraud and tax evasion. Sentencing is set for November 12, 2014 in the U.S. District Court for the Western District of Virginia.
If you have suffered significant losses as a result of your investment with Donna Jessee Tucker or another firm, you may have a valid securities arbitration claim. To find out more about your legal rights and options, contact a securities fraud attorney at Law Office of Christopher J. Gray, P.C. at (866) 966-9598 or email@example.com for a no-cost, confidential consultation.