Eric Anthony Dupre Barred For Borrowing Over $2.2 Million From Customers

San Antonio, Texas 2025 – Eric Anthony Dupre (CRD# 2174456), a financial broker with 26 years of experience, was permanently barred from the security industry in July 2025. Dupree had been with Ameriprise Financial Services for three years when they discharged him in December 2023 for violating company policies by borrowing money from clients.

FINRA found that he borrowed at least $2,236,000 from two customers without informing or obtaining prior written approval from Ameriprise. He borrowed $65,000 from a married couple that were his clients and eventually repaid the loan. He also borrowed at least $2,171,000 through multiple loans from a different client, a 77-year-old customer.  Dupre promised to repay the principal plus additional compensation, but he has not repaid any portion of these funds that we are aware of.

After his termination, further allegations surfaced. In May 2024, a customer alleged Dupre recommended that they invest in a supposed cryptocurrency opportunity but instead misappropriated the money. Claimants allege Dupre stole more than $2.6 million dollars from them in this scheme. This matter is now the subject of Arbitration and CFTC reparation proceedings, which remain unsettled.

Dupre’s regulatory history also includes a 2011 case, where he was accused of misrepresentation involving Auction Rate Securities closed-end funds between August 2007 and September 2008. That matter was settled for $75,000.

Be cautious with “exclusive opportunities” or high-pressure pitches involving cryptocurrency or private deals. These should always be verified independently.  Fraudulent schemes often rely on urgency or personal trust to lure investors. In this case an elderly slient was taken advantage of. Family members can help protect older relatives by reviewing financial relationships regularly.

Did You Invest With Eric Anthony Dupre?

If you made investments with Eric Anthony Dupre, you may have concerns about how your accounts were handled. It is important to review your records carefully and explore your legal options. Investors may wish to consult with a securities attorney to understand potential remedies available.

Silver Law Group represents investors in securities and investment fraud cases. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases are handled on a contingent fee basis, meaning that you won’t owe us until we recover your money for you. Contact us today at (800) 975-4345 and let us know how we can help.