Frederick MonroePublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 20, 2016 indicate that former New York-based Voya broker Frederick Monroe has been permanently barred from acting as a broker. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Monroe (CRD# 2457010).

Frederick Monroe has spent 20 years in the securities industry and was most recently registered with Voya Financial Advisors in Albany, New York (2006-2015). Previous registrations include Northwestern Mutual Investment Services in Latham, New York (1994-2006) and Robert W. Baird & Company in Milwaukee, Wisconsin (1994-2002). He is currently not registered with any state or firm.

According to his BrokerCheck report, Frederick Monroe has been the subject of one regulatory sanction, 14 customer complaints, and one pending customer complaint. He was additionally discharged from his position at Voya Financial Advisors.

In August 2015, FINRA sanctioned Frederick Monroe following allegations he failed to respond to a request for information. He was permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public.

In February 2016, Frederick Monroe pled guilty to charges, among others, that he engaged in money laundering and “engaged in a scheme to defraud at least 20 people from 2002 until May 2015.”

In February 2016, a customer alleged Frederick Monroe, while employed at Voya Financial Advisors, misappropriated funds. The complaint settled in March 2016 for $58,000.

In June 2015, a customer alleged Frederick Monroe, while employed at Voya Financial Advisors, misappropriated funds. The complaint settled in March 2016 for $130,000.

In July 2015, a customer alleged Frederick Monroe, while employed at Voya Financial Advisors, misappropriated funds. The complaint settled in March 2016 for $20,000.

In 2015, a customer alleged Frederick Monroe, while employed at Voya Financial Advisors, misappropriated approximately $125,000 in funds. The complaint settled for $125,000.

In 2015, a customer alleged Frederick Monroe, while employed at Voya Financial Advisors, misappropriated funds. The complaint settled for $177,000.

In 2015, a customer alleged Frederick Monroe, while employed at Voya Financial Advisors, misappropriated funds. The complaint settled for $912,882.

In 2015, a customer alleged Frederick Monroe, while employed at Voya Financial Advisors, misappropriated funds. The customer is seeking more than $425,300 in damages in the pending complaint.

In 2015, Frederick Monroe was terminated from his position at Voya Financial Advisors following allegations he misappropriated customer funds.

If you have complaints regarding or have lost money investing with Frederick Monroe, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. Fitapelli Kurta takes every case on a contingency basis, which means Fitapelli Kurta only gets paid if and when you collect money. By law there may be a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.