{"id":801,"date":"2017-04-17T18:47:56","date_gmt":"2017-04-17T22:47:56","guid":{"rendered":"http:\/\/www.elderfinancialfraudattorneys.com\/?p=801"},"modified":"2018-10-04T16:14:30","modified_gmt":"2018-10-04T20:14:30","slug":"former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/","title":{"rendered":"Former LPL Financial LLC Broker Larry Allen Stapp is Suspended and Fined by FINRA"},"content":{"rendered":"

\"Former<\/h2>\n

Allegations of borrowing from a customer and potential elder financial fraud caused LPL Financial to discharge Stapp after almost 20 years of employment<\/h2>\n

Midland, Texas-based broker Larry Stapp allegedly borrowed $200,000<\/span><\/a> from an LPL Financial LLC customer, according to the Financial Industry Regulatory Authority (FINRA). Stapp also reportedly falsely stated to the firm\u2019s representative that the loan was not from a firm customer. In fact, according to FINRA, Stapp \u201csubmitted branch manager\/financial advisor questionnaires to the firm in which he affirmed his compliance with the firm\u2019s policies and procedures that [were] false because Stapp had borrowed funds from the firm\u2019s customer that had not been repaid at the time each questionnaire was completed.\u201d<\/p>\n

In addition, these funds were reportedly borrowed from an 81-year old customer, leading to possible concerns over elder financial fraud<\/span><\/a>.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Allegations of borrowing from a customer and potential elder financial fraud caused LPL Financial to discharge Stapp after almost 20 years of employment Midland, Texas-based broker Larry Stapp allegedly borrowed $200,000 from an LPL Financial LLC customer, according to the Financial Industry Regulatory Authority (FINRA). Stapp also reportedly falsely stated to the firm\u2019s representative that […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1102],"tags":[9],"class_list":["post-801","post","type-post","status-publish","format-standard","hentry","category-blog","tag-finra"],"yoast_head":"\nLarry Allen Stapp : Elder Financial Fraud Alert<\/title>\n<meta name=\"description\" content=\"Allegations of borrowing from a customer and potential elder financial fraud caused LPL Financial to discharge Stapp after almost 20 years of employment.\" \/>\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-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Larry Allen Stapp : Elder Financial Fraud Alert\" \/>\n<meta name=\"twitter:description\" content=\"Allegations of borrowing from a customer and potential elder financial fraud caused LPL Financial to discharge Stapp after almost 20 years of employment.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.elderfinancialfraudattorneys.com\/wp-content\/uploads\/2017\/04\/iStock-540515302-1024x709.jpg\" \/>\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=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Larry Allen Stapp : Elder Financial Fraud Alert","description":"Allegations of borrowing from a customer and potential elder financial fraud caused LPL Financial to discharge Stapp after almost 20 years of employment.","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-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/","twitter_card":"summary_large_image","twitter_title":"Larry Allen Stapp : Elder Financial Fraud Alert","twitter_description":"Allegations of borrowing from a customer and potential elder financial fraud caused LPL Financial to discharge Stapp after almost 20 years of employment.","twitter_image":"http:\/\/www.elderfinancialfraudattorneys.com\/wp-content\/uploads\/2017\/04\/iStock-540515302-1024x709.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Former LPL Financial LLC Broker Larry Allen Stapp is Suspended and Fined by FINRA","datePublished":"2017-04-17T22:47:56+00:00","dateModified":"2018-10-04T20:14:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/"},"wordCount":422,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/#primaryimage"},"thumbnailUrl":"http:\/\/www.elderfinancialfraudattorneys.com\/wp-content\/uploads\/2017\/04\/iStock-540515302-1024x709.jpg","keywords":["FINRA"],"articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/","url":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/","name":"Larry Allen Stapp : Elder Financial Fraud Alert","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/#primaryimage"},"thumbnailUrl":"http:\/\/www.elderfinancialfraudattorneys.com\/wp-content\/uploads\/2017\/04\/iStock-540515302-1024x709.jpg","datePublished":"2017-04-17T22:47:56+00:00","dateModified":"2018-10-04T20:14:30+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Allegations of borrowing from a customer and potential elder financial fraud caused LPL Financial to discharge Stapp after almost 20 years of employment.","breadcrumb":{"@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/#primaryimage","url":"http:\/\/www.elderfinancialfraudattorneys.com\/wp-content\/uploads\/2017\/04\/iStock-540515302-1024x709.jpg","contentUrl":"http:\/\/www.elderfinancialfraudattorneys.com\/wp-content\/uploads\/2017\/04\/iStock-540515302-1024x709.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.silverlaw.com\/blog\/former-lpl-financial-llc-broker-larry-allen-stapp-suspended-fined-finra\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silverlaw.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Former LPL Financial LLC Broker Larry Allen Stapp is Suspended and Fined by FINRA"}]},{"@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\/801","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=801"}],"version-history":[{"count":1,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/801\/revisions"}],"predecessor-version":[{"id":6756,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/posts\/801\/revisions\/6756"}],"wp:attachment":[{"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/media?parent=801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/categories?post=801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.silverlaw.com\/blog\/wp-json\/wp\/v2\/tags?post=801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}