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Joe Gutierrez Charged with Healthcare Fraud

Joe Gutierrez (CRD #: 5527598), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, is the subject of pending criminal charges. This disclosure appears on his BrokerCheck record, accessed on November 14, 2023. Keep reading if you have questions about his conduct as a broker. 

On August 22, 2023, Joe Gutierrez was charged with “attempt and conspiracy to commit healthcare fraud and wire fraud.” The charges allege he paid kickbacks in connection with a federal healthcare program. 

Statutory Disqualification 

Felonies and certain misdemeanors disqualify individuals from registering as brokers. If Joe Gutierrez is charged with felony fraud, he may not be able to register as a broker for ten years. 

Background Information 

Joe Gutierrez has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

He is a registered broker in 28 states and is a registered investment adviser in Florida and Texas. 

Joe Gutierrez has registered with the following firms: 

  • Wells Fargo Clearing Services (CRD #: 19616) 
  • PNC Investments (CRD #: 129052) 
  • Chase Investment Services Corp. (CRD #: 25574) 
  • Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 

Kurta Law Can Help

If you worked with Joe Gutierrez and have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.

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