News reports and publicly available records provided by the Financial Industry Regulatory Authority (FINRA), accessed on August 9, 2018, indicate that former Wells Fargo Advisors broker/adviser Mike Frew, who has been sanctioned by FINRA and barred from acting as a broker, was recently arrested in connection with an alleged Ponzi scheme. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Frew (CRD# 812805).
Mike Frew has spent 38 years in the securities industry and was most recently registered with Wells Fargo Advisors in San Francisco, California (2003-2014). Previous registrations include Prudential Securities in New York, New York (1988-2003); Shearson Lehman Hutton (1988); and EF Hutton & Company (1975-1988). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 24, 1994; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 24, 1981; PC (AMEX Put and Call Exam), which he obtained on August 31, 1977; and Series 7 (General Securities Representative Examination), which he obtained on September 20, 1975. He is currently not registered with any state or firm.
According to his BrokerCheck report, Mike Frew has received nine customer complaints and two regulatory sanctions.