Laidlaw Broker Paul Prestia Barred By FINRA After $160K In Tax Liens

Paul Joseph Prestia (CRD #4477149) is a former registered broker whose last employer was Laidlaw & Company (UK) Ltd. (CRD #119037) of Melville, NY. His previous employers include Network 1 Financial Securities Inc. (CRD #13577) of Huntington Station NY and MidAmerica Financial Services, Inc. (CRD #47351.) No current employment information is available. He began in the industry in 2003.

Prestia has been barred by FINRA in all capacities after he failed to respond to a request for information. After receiving a Notice of Suspension and Suspension from Association letters dated April 25, 2018, and May 21, 2018, and failing to respond three months after his suspension FINRA barred him indefinitely.

 

 

Prior to the FINRA action, Prestia’s other disclosures are four tax liens:

• 3/27/2017, for $101,020.00
• 10/18/2016, for $2 ,381.00
• 02/06/2015, for $47,695.00
• 01/21/2015, for $9,416.00

Three of Prestia’s former employers have been expelled by FINRA:

• MidAmerica Financial Services, Inc., expelled on 5/10/2016.
• Global Arena Capital Corp, CRD #16871, Melville, NY, expelled by 01/04/2016
• Continental Broker-Dealer Corp., CRD #14048, Carle Place, NY, expelled on 05/06/2004

Did You Invest With Paul Prestia?

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