MICHAEL JAY MARKOVICH

MICHAEL JAY MARKOVICH is currently employed as a Broker and/or Investment Adviser at FORTUNE FINANCIAL SERVICES, INC. located at 129 ST. BENEDICT ST., CARROLLTOWN, PA, 15722.

MICHAEL JAY MARKOVICH has worked at FORTUNE FINANCIAL SERVICES, INC. since January 04, 2008

Disclosure History

MICHAEL JAY MARKOVICH has 2 Disclosure Event(s).

Date: October 15, 1997
Category: Customer Dispute
Allegations: CLIENT ALLEGED MISREPRESENTATION CONCERNING AFUNDING PROPOSAL.
Broker Comment: COMPANY LOOKING INTOHAD A COMPANY PREPARED ILLUSTRATION THAT SHOWEDCLIENT THAT LUMP SUM OF MONEY & SOME PAYMENTS WOULD TAKE POLICYTO ABBREVIATION POINT. DIVID SCALE FELL FUNDING WAS NOTSUFFICIENT. REVIEWED WITH CLIENTS WIFE. IT WAS HER OPTION TOPAY ADDITIONAL PREMIUMS. SHE OPTED NOT PAY TO ANY FURTHER.THIS POLICY HAD NOT BEEN PAID ON FOR SEVERAL YEARS. ALL THISWAS BASED ON COMPANY PREPARED ILLUSTRATIONS AND ADVANCE PAYDISCOUNTS. I ONLY TOLD THEM WHAT WAS PREPARED FOR ME.

Date: May 08, 1997
Category: Employment Separation After Allegations
Firm Name: PRUDENTIAL SECURITIES INCORPORATED
Termination Type: Discharged
Allegations: N/ADELAYED DEPOSIT
Broker Comment: TERMINATIONBENDER COAL CO CALLED TO SAY AGENT HAD NOT PICKEDUP THEIR PAYMENT FOR LIFE INSURANCE AND CHECK HAD BEEN THEREFOR A WEEK. I PICKED UP CHECK & PUT IT ON DEPOSIT THAT DAY. 2WK LATER CHRIS WALTER SENT ME NOTE TO EXPLAIN DELAYED DEPOSIT.I DID & NEVER HEARD ANOTHER THING ABOUT THIS. I DEPOSITED THECHECK THE DAY IT WAS PICKED UP, BECAUSE IT WAS DATED EARLIERTHEY CONSIDERED IT A DELAYED DEPOSIT. I WAS TOLD NEXT TIME TOPUT PAYMENT IN MAIL. I GUESS IT DOES NOT MATTER IF IT SITS INH.O. THIS WAS A SITUATION THAT HAPPENS VERY OFTEN. COMPLETELYRESOLVED.

More Information

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