apparently you missed this expose', it explains how Johnny helped himself to the funds of a disabled woman, how he was tried and found guilty and has yet to pay his fines.
In an Aug. 2, 1995, decision I obtained, the NASD determined that "the evidence reflects deliberate misconduct by [Schmitz] and is indicative of his complete contempt for the rules and regulations which govern this industry." As a result, the NASD censured Schmitz, fined him $100,000, ordered him to pay $20,739.72 in restitution and be "barred from associating with any member firm in any capacity." The sanctions stem from actions Schmitz took early in the 1990s as a broker for Robert Todd Financial Corp., a now-defunct Long Island firm, in which regulators said he schemed to defraud his client, a disabled woman from Westbury. In related litigation, the Nassau County Supreme Court ordered Schmitz to pay the same woman $125,575 in damages on May 17, 1993.
"My impression of this fellow Schmitz is that he took advantage of a person who was disabled," said the plaintiff's attorney Kevin Danow of Manhattan.
newsday.com
i wouldn't put my life on the line to save trash like you.
enamered with the looking glass, ronnie? |
