Adorean Boleancu of Wells Fargo
We are examining the level of supervision provided by Wells Fargo Advisors of former financial advisor Adorean Boleancu. According to FINRA, Mr. Boleancu, from April of 2008 until at least January of 2010, converted $650,000 from an elderly client who was a widow. He issued checks in her name without the client’s approval or authorization. The checks were drawn against his client’s two home equity lines of credit. While employed with Wells Fargo, the firm had a duty to supervise his activities. If Wells Fargo failed to do this, they can be held liable for the losses sustained by his customers. To learn about recovering losses associated with Adorean Boleancu against Wells Fargo through arbitration claims or lawsuits, please call us.