{"id":6154,"date":"2018-06-28T16:46:11","date_gmt":"2018-06-28T20:46:11","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=6154"},"modified":"2018-06-28T16:46:11","modified_gmt":"2018-06-28T20:46:11","slug":"former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/","title":{"rendered":"Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs"},"content":{"rendered":"<p>Peter Orlando (CRD #1142715) is a former registered broker, last employed with SCF Securities, Inc. (CRD #47275) of Fall River, MA. Previous employers include MetLife Securities (CRD #14251), Morgan Stanley (CRD #149777 and #8209), and Investors Capital Group (CRD #30613) He has been in the industry since 1983. His current employer and employment status is unknown.<\/p>\n<p>Orlando is the subject of a regulatory disciplinary action involving one of his clients. From August through September of 2014, Orlando allegedly obtained control of the financial affairs of an elderly widow (named \u201cDW\u201d in the complaint.) He became the primary beneficiary and executor of her will, with his wife as the contingent beneficiary. He obtained two powers of attorney (POA), one for health and one known as a \u201cdurable POA.\u201d<\/p>\n<p>It is against MetLife\u2019s policies for a representative to become involved in a client\u2019s financial affairs, except in the case of family members. There is no indication that the client was also a family member. In addition to a opening a joint account with Orlando, the client also changed her will, closed two bank accounts in favor of the joint one, and gave him two powers of attorney. Orlando never notified the firm that he was acting as her personal representative in her affairs.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/\"  title=\"Continue Reading Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Peter Orlando (CRD #1142715) is a former registered broker, last employed with SCF Securities, Inc. (CRD #47275) of Fall River, MA. Previous employers include MetLife Securities (CRD #14251), Morgan Stanley (CRD #149777 and #8209), and Investors Capital Group (CRD #30613) He has been in the industry since 1983. His current employer and employment status is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[582,580,585],"tags":[453,923,910,924],"class_list":["post-6154","post","type-post","status-publish","format-standard","hentry","category-elder-fraud","category-stockbroker-misconduct","category-variable-annuities","tag-elder-fraud","tag-peter-orlando","tag-scf-securities-inc","tag-variable-annuity"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs &#8212; Securities Arbitration Lawyers Blog &#8212; June 28, 2018<\/title>\n<meta name=\"description\" content=\"Peter Orlando (CRD #1142715) is a former registered broker, last employed with SCF Securities, Inc. (CRD #47275) of Fall River, MA. Previous employers &#8212; June 28, 2018\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs &#8212; Securities Arbitration Lawyers Blog &#8212; June 28, 2018\" \/>\n<meta name=\"twitter:description\" content=\"Peter Orlando (CRD #1142715) is a former registered broker, last employed with SCF Securities, Inc. (CRD #47275) of Fall River, MA. Previous employers &#8212; June 28, 2018\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs &#8212; Securities Arbitration Lawyers Blog &#8212; June 28, 2018","description":"Peter Orlando (CRD #1142715) is a former registered broker, last employed with SCF Securities, Inc. (CRD #47275) of Fall River, MA. Previous employers &#8212; June 28, 2018","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/","twitter_card":"summary_large_image","twitter_title":"Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs &#8212; Securities Arbitration Lawyers Blog &#8212; June 28, 2018","twitter_description":"Peter Orlando (CRD #1142715) is a former registered broker, last employed with SCF Securities, Inc. (CRD #47275) of Fall River, MA. Previous employers &#8212; June 28, 2018","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs","datePublished":"2018-06-28T20:46:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/"},"wordCount":614,"keywords":["elder fraud","Peter Orlando","SCF Securities Inc.","variable annuity"],"articleSection":["Elder Fraud","Stockbroker Misconduct","Variable Annuities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/","url":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/","name":"Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs &#8212; Securities Arbitration Lawyers Blog &#8212; June 28, 2018","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"datePublished":"2018-06-28T20:46:11+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Peter Orlando (CRD #1142715) is a former registered broker, last employed with SCF Securities, Inc. (CRD #47275) of Fall River, MA. Previous employers &#8212; June 28, 2018","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/former-broker-peter-orlando-accused-of-improperly-obtaining-control-of-clients-affairs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Former Broker Peter Orlando Accused Of Improperly Obtaining Control Of Client\u2019s Affairs"}]},{"@type":"WebSite","@id":"https:\/\/www.silverlaw.com\/blog\/#website","url":"https:\/\/www.silverlaw.com\/blog\/","name":"Securities Arbitration Lawyers Blog","description":"Published by Securities Arbitration Lawyers \u2014 Silver Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silverlaw.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752","name":"Silver Law Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9eb0a691642ae95c68ee1c45b5f50f35bae76a41f3d9f861c7bfd40c87661746?s=96&d=mm&r=g","caption":"Silver Law Group"}}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/6154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/comments?post=6154"}],"version-history":[{"count":1,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/6154\/revisions"}],"predecessor-version":[{"id":6155,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/6154\/revisions\/6155"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=6154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=6154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=6154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}