Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 14, 2017 indicate that former Florida-based Invest Financial Corporation broker/adviser Roger Kroeger has been charged with theft, money laundering, and other alleged felonies. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Kroeger (CRD# 1526864).
Roger Kroeger has spent 30 years in the securities industry and was most recently registered with Invest Financial Corporation in Fort Lauderdale, Florida (1990-2017). Previous registrations include Glenfed Brokerage Services in Glendale, California (1989-1990) and Shearson Lehman Hutton (1986-1988). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 31, 1986, and Series 7 (General Securities Representative Examination), which he obtained on July 19, 1986. He is currently not registered with any state or firm.
According to his BrokerCheck report, Roger Kroeger was discharged from his former employer in connection to alleged rule violations and has received pending felony charges.
In November 2017 he was terminated from his position at Invest Financial Corporation following allegations he admitted to facilitating a loan to his sister from a senior client and after he received several felony charges in connection to these activities.
In November 2017 he was charged in the Circuit Court of the 17th Judicial Circuit in and for Broward County, Florida, with one felony count of obtaining property over $50,000 by fraud; one felony count of exploitation of elderly, $100,000 or more; three felony counts of fraud – utter false instrument; two felony counts of grand theft in the first degree; one felony count of grand theft; and two felony counts of fraud – money laundering, $100,000 or more. He has pled not guilty to all charges in the pending case.
According to a report by the Sun-Sentinel, Mr. Kroeger and his sister have been accused of stealing almost $300,000 from a 92-year-old customer. He “embezzled $290,000 of the woman’s money” and deposited it into his sister’s account. The report states that at least $10,000 of the funds were used “to pay a construction company that was making improvements to Kroeger’s home that is worth $2 million,” and that when police arrived at his office to arrest him, he was witnessed shredding documents. The report states that he has pled not guilty to the charges of elderly exploitation, money laundering, grand theft, forging checks, and organized scheme to defraud.
If you or someone you know has lost money investing with Roger Kroeger, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.