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JOHN PETRONE of Farmers Financial is BARRED for Alleged Theft

John Petrone Formerly with Farmers Financial Solutions Barred
WILLOWICK, OHIO Did you invest with advisor and insurance agent John Petrone in Willowick, Ohio? The securities and investment fraud law firm of Israels & Neuman is reviewing allegations made against John Petrone, formerly with Farmers Financial Solutions and Farmers Insurance. After he failed to respond to FINRA’s inquiry, he was barred from the securities industry pursuant to FINRA Rule 8210.
FINRA began its investigation after he was alleged to have stolen $54,000 from an elderly victim. He was alleged to have stolen money that was supposed to be used to pay for insurance premiums. Petrone was also barred by the Ohio Department of Insurance.
John Petrone was licensed with Farmers Financial Solutions and Farmers Insurance from 2009 to December 2022. He worked in Willowick, Ohio.
Farmers Financial Solutions must sufficiently monitor the acts of its representatives and Agents. If the firm fails to do so, it could be held responsible for investor losses. Our law firm that has recovered millions of dollars for investors in the past, including numerous investors in Ohio.
View FINRA AWC HERE View BrokerCheck Report HERE