Articles Tagged with V. Cullen Kempson III

The New Jersey broker is alleged to have committed elder financial fraud

V. Cullen Kempson III (also known as Voigt C. Kempson) was fined and suspended earlier this year by the Financial Industry Regulatory Authority (FINRA). The agency discovered and reported that he had made trades in the account of a deceased customer.

Kempson wouldn’t admit or deny the findings, but he agreed to the 30-day suspension and $5,000 fine. Although he is now able to act as a broker again, he’ll need to find a new firm, as his most recent employer – Commonwealth Financial Network of Sparta, NJ – fired him when it learned about these reports.