Nov. 28 (Bloomberg) -- Roman Sledziejowski, owner of a Brooklyn brokerage that catered to Polish immigrants, was accused by the Financial Industry Regulatory Authority of defrauding three customers of more than $4 million.
Sledziejowski told his clients at TWS Financial LLC between June 2009 and August 2012 to wire money to a separate company, promising to invest in a Polish bank and vodka company, the regulator said today in a statement. He also transferred money without their consent and covered it up with fake account statements, Finra said.
The brokerage, whose name is short for Trade Wall Street, operated from a storefront with a large sign and an eagle logo on Manhattan Avenue in Brooklyn’s Greenpoint neighborhood. Sledziejowski and the clients involved were all natives of Poland, according to Finra. TWS misused about $4.8 million of customer money and returned $1.5 million, Finra said.
Robert Knuts, Sledziejowski’s lawyer at Park & Jensen LLP, said in a telephone interview that he hadn’t had time to review the accusation yet. A phone message left at Trade Wall Street’s office wasn’t returned immediately. Finra said TWS has applied to withdraw its broker-dealer status.
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