Wall Street Broker With Mobbed Up Past Allegedly Bilked Widow Out Of $2.5M
A Staten Island-based Wells Fargo stockbroker allegedly fleeced a widow out of millions--and when found out, told her: “ Now you can get a job like everybody else ." Wells Fargo "allowed Leonard Kinsman into its adviser network in 2014 — despite the fact that Kinsman...had multiple past complaints from ex-clients and two stints at since-banned brokerages," the New York Post reported . "Kinsman stands accused of squandering a $2.25 million insurance settlement awarded to Robin Fratto of Freehold, NJ, after her husband died unexpectedly in 2011.” Kinsman has what some would call a colorful past. He once worked at a small Wall Street brokerage house that was the centerpiece of what the Fed's called "the most ambitious scheme by organized crime to infiltrate Wall Street in decades." Kinsman, who reportedly still works at Wells Fargo, worked at Meyers Pollock Robbins, which was part of a 1997 Federal racketeering indictment that charg...