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Barbara Mary Bolk Fined and Suspended for Forging Customer Signatures, Effecting Unauthorized Transactions

Attorney Advising Disclaimer

FINRA suspended broker Barbara Mary Bolk of Pruco Securities, LLC and fined her $5,000 for engaging in unauthorized activity in a customer's account, including impersonation and forging the customer's signature.

FINRA Case #2012033346801

The investigation uncovered that in 2008, Bolk improperly allowed a customer's husband to sign a Withdrawal Enrollment Form on the customer's behalf, even though the husband was not an authorized signer for the account.

FINRA determined that in 2012, Bolk forged the customer's signature on three separate occasions on forms related to an annuity contract, including two Electronic Fund Transfer Forms, one Systematic Withdrawal Enrollment form and one Withdrawal Request Form.

Also in 2012, Bolk allegedly called Pruco's service center and impersonated her customer in order to cancel a previously scheduled systematic withdrawal, in violation of Pruco policy, which prohibits all of the aforementioned conduct.

If you have invested with Barbara Mary Bolk, Pruco Securities, LLC or with any broker or firm that has effected unauthorized activity in your account—whether through impersonation, forgery or any other misdeed—and such malfeasance has proven harmful to your investments or interests, please call The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.

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