Santiago Torres of Truist Investments Fraud Allegations

WILLOW STREET, PENNSYLVANIA

Did you invest with Santiago Torres, Jr., of Truist Investment Services in Willow Street, Pennsylvania? The securities and investment fraud law firm of Israels & Neuman is investigating claims made by FINRA (the Financial Industry Regulatory Authority) against this advisor. FINRA brought a complaint seeking to bar him from the securities industry.

FINRA began investigating Santiago Torres after he was terminated by Truist Investment Services. It was alleged that he misappropriated or stole money from customer accounts, many of whom were members of his extended family. He has yet to respond to FINRA’s complaint.

Santiago Torres was an advisor with Truist Investment Services from February 2021 to October 2024 in Willow Street and Wyomissing, Pennsylvania office. He has also been the subject of two other customer complaints.

FINRA Rule 8210 provides that advisors are required to respond to FINRA investigations. Additionally, under FINRA’s supervisory rules, securities brokerage firms must adequately supervise their representatives. If brokerage firms fail to provide sufficient supervision, the firms could be responsible for financial damages.

Our firm represents investors throughout the country who have lost money with financial advisors and brokerage firms.

You can find FINRA’s Complaint HERE

You can find Santiago Torres’s BrokerCheck Report HERE

If you lost money with Santiago Torres or Truist Investment Services, contact the law firm of ISRAELS & NEUMAN at (616) 280-4303 or (206) 795-5798 for a Free evaluation of your case.