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Brooklynn Chandler Willy
Brooklynn Chandler Willy faces serious allegations, including fraud, regulatory violations, and investor deception. She has been sued by multiple clients, accused of promoting fraudulent investments, and even arrested on federal charges. Her attempts to suppress negative information further raise concerns about her professional integrity.
Quick summary on Brooklynn Chandler Willy
Brooklynn Chandler Willy, a San Antonio-based investment advisor and radio host, has been implicated in several controversies, including regulatory warnings, lawsuits, and customer complaints. Below are five key concerns associated with her professional conduct:
1. Regulatory Actions and License Suspension
In 2020, the Texas State Securities Board suspended Willy’s license as a securities dealer for one year due to her involvement in selling alternative investments without proper registration. As part of this disciplinary action, she agreed to repay approximately $2.8 million in commissions earned from these sales. Additionally, she committed to relinquishing discretionary trading authority over clients’ accounts and refrained from recommending alternative investments for five years.
2. Promotion of Fraudulent Investments
Willy has been accused of advising clients to invest in fraudulent schemes. In one instance, she recommended that a client invest $100,000 into Sonoqui LLC, a company whose principals were arrested on federal fraud charges shortly after the investment. This case is part of a broader scheme that allegedly defrauded approximately 300 investors, primarily retirees, of over $20 million.
3. Legal Challenges and Client Lawsuits
Multiple lawsuits have been filed against Willy by former clients alleging misconduct. In one case, 71 plaintiffs accused her of violating state securities laws, breaching fiduciary duties, and committing fraud. These legal actions highlight a pattern of client dissatisfaction and raise concerns about her adherence to ethical and legal standards in financial advising.
4. Criminal Indictments and Arrest
In December 2024, Willy was arrested following a federal grand jury indictment on charges including obstruction of justice, aggravated identity theft, and making false statements. These charges stem from a yearlong investigation by the FBI and IRS into alleged investor fraud activities related to her business dealings. If convicted, she faces significant prison time, further casting doubt on her professional integrity.
5. Allegations of Suppressing Negative Information
Investigations have revealed that Willy allegedly attempted to conceal critical reviews and adverse news from online platforms by improperly submitting copyright takedown notices. These actions, which may involve impersonation, fraud, and perjury, suggest efforts to manipulate public perception and suppress information detrimental to her reputation.
by: Ember Bailey
I can't believe someone like this is still allowed to work in the financial industry. Horrible experience, and the legal consequences she’s facing are well-deserved.
by: Jovi Brooks
Completely unprofessional. After being caught in multiple fraudulent schemes, I wouldn’t trust her with a penny of my investment.
by: Isabela Carter
Do not trust this individual with your money. Her unethical practices and legal troubles speak for themselves. Stay far away!