- Report: #1176474
Complaint Review: Alan Stone and Wells Fargo Advisors - Aventura Florida
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Author Not Confirmed
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Alan Stone and Wells Fargo Advisors
19950 W Country Club Drive Aventura, 33180 Florida, USA
Phone:
(305) 935-3800
Web:
https://www.wellsfargoadvisors.com/
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Alan Stone and Wells Fargo Advisors Financial exploitation and fraud Aventura Florida
Alan R. Stone was a financial advisor at Wachovia who later merged with Wells Fargo. I have been in litigatiigation with him for 7 years as he and Wells Fargo engaged in fraud and exploitation of my mother, an elderly person - (Alan Stone is her son and my estrained siblling).
Elder abusers and exploiters like Alan R. Stone engage in incidious acts that are done behind closed doors. Wells Fargo has and had a responsiblity to report Alan Stone's misappropiration of his mother's money to the Securties and Exchange Commission. They did not do so as they sought to retain her account.
They watched Alan Stone as he moved money from my mother to himself using their firm to commit his financial fraud and they abetted his exploitaition. Financial firms such as Wells Fargo are required to investigate these actions that are warning signs of elder abuse - when an elderly or disabled person does not speak on their own behalf concerning their finances and when their finances are suddenly changed around or when a person who is supposed to have a fiduciary responsiblity acts in a manner that is suspecious. There are many other warning signs of financial abuse each of which was ignored by Wells Fargo to abet and cover up the conduct of Alan Stone in misappropriating his mother's assets.
It appears Alan Stone moved the money by way of a series of wire transfers and possible forged checks as well. At the start of my litigation with him, he removed my name as a trustee on my mother's account so he could have free reign to the accounts. Wells Fargo watched this highly suspect activity and did nothing. I lost my lawsuit against him because rather than finding a person cannot benefit from their unlawful acts, the court failed to perceive that occured. Thus they allowed him to enrich himself from his own fraudulent acts.
Alan Stone used the same tactics that the illegal guardian enterprises engages - isolating an elderly or disabled person, failing to provide care and stealing their assets and then their estate.
His abuse of my mother resulting in her being in the hospital for multiple unexplained fractures and falls. His abuse resulting in her having no food unless he provided her with any as he took her car and she was unable to go out. His abuse resulted in her being depriveed of services as he took her money for himself. Alan R. Stone isolated my mother from me in order to control her and take her money with no one watching.
Following a pattern of emotional, physical and mental abuse, he then began his financial abuse. This was all done with the collusion of Wells Fargo. Wells Fargo is liable for the devastating consequences of this action. I petitioned for a guardianship under the misguided sense that my mother's abuse would cease . Instead it escallated because I later learned that guardianship is a massive financial fraud.
Alan R. Stone no longer works for Wells Fargo. It seems once I sued to establish the guardianship, Wells Fargo and Alan Stone had no need for each other.
This is a cautionary tale. Let Wells Fargo know you will not tolerate unethcial conduct.i . Be on the alert when your elderly parent funds or physical is suspecious.Avoid guardianshio at all cost Beware of the massive financial fraud perpetrated
