Articles Tagged with Kenneth Nahrstedt

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Nahrstedt (Nahrstedt), currently associated with L.m. Kohn & Company, has at least one disclosable event. These events include one tax lien, alleging that Nahrstedt recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on January 29, 2025.

Without admitting or denying the findings, Nahrstedt consented to the sanctions and to the entry of findings that he submitted a false attestation to his member firm and caused the firm to maintain inaccurate books and records. The findings stated that the firm received an email from an individual posing as a firm customer. The email requested a $500,000 wire transfer from the customer’s account to a bank in Mexico for the purported purpose of purchasing an apartment there. Unbeknownst to the firm, an imposter had sent the email to the firm without the customer’s authorization. To initiate the wire transfer request, Nahrstedt signed a ‘Change of Ownership’ form in which he falsely attested that he had spoken with the customer in connection with the requested wire transfer, as was required by firm policy. In fact, Nahrstedt had not spoken with the customer concerning the wire transfer. As a result of Nahrstedt’s false statement, the firm processed the $500,000 wire transfer from the customer’s account to an unknown third party.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Nahrstedt (Nahrstedt), currently associated with L.m. Kohn & Company, has at least one disclosable event. These events include one tax lien, alleging that Nahrstedt recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on January 29, 2025.

Without admitting or denying the findings, Nahrstedt consented to the sanctions and to the entry of findings that he submitted a false attestation to his member firm and caused the firm to maintain inaccurate books and records. The findings stated that the firm received an email from an individual posing as a firm customer. The email requested a $500,000 wire transfer from the customer’s account to a bank in Mexico for the purported purpose of purchasing an apartment there. Unbeknownst to the firm, an imposter had sent the email to the firm without the customer’s authorization. To initiate the wire transfer request, Nahrstedt signed a ‘Change of Ownership’ form in which he falsely attested that he had spoken with the customer in connection with the requested wire transfer, as was required by firm policy. In fact, Nahrstedt had not spoken with the customer concerning the wire transfer. As a result of Nahrstedt’s false statement, the firm processed the $500,000 wire transfer from the customer’s account to an unknown third party.