Complaint: Chris Passero Recommended Ponzi Scheme to Client


Chris Passero (CRD# 2517681), a broker registered with Money Concepts Capital, recommended unsuitable investments in alleged Ponzi-like scheme GPB Capital, according to an investor dispute. This information can be found in his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on June 29, 2023. The record identifies Mr. Passero as the president of Passero Financial […]

Christopher Passero Involved in Dispute Regarding GPB Capital Shares


Christopher Passero (CRD #: 2517681), a broker registered with Money Concepts Capital, is involved in an investor dispute regarding GPB Capital, according to his BrokerCheck record, accessed on January 10, 2022. This is his fourth investor dispute. Investor Complaint Involved GPB Capital   On February 1, 2021, investors alleged that Christopher Passero recommended buying shares […]

Customer Complaints Pile up for Money Concepts Rep Ray Reese


Ray Reese (CRD# 1694620), a broker at Money Concepts Capital Corp., is the recipient of pending customer complaints, according to Financial Industry Regulatory Authority (FINRA) records accessed on November 2, 2021. The broker and investment adviser is currently based in Farmington, Missouri. If you have complaints regarding Mr. Reese, call MDF Law at 800-767-8040 for […]