Haselkorn & Thibaut, InvestmentFraudLawyers.com, is actively investigating former financial advisor Clarice Saw, also known as Clarice Crystal Saw, Chin Saw, and Clarice Chin Saw, following serious allegations of misconduct, including misappropriation of client funds and a reported order to pay approximately $1.4 million in connection with alleged fraudulent activity.
If you invested with Clarice Saw in Flushing, New York, New York City, or elsewhere nationwide, it is critical to understand your legal rights.
Background and Employment History of Clarice Saw
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Public records and industry disclosures indicate that Clarice Saw worked at several financial institutions throughout New York, particularly in Queens (Flushing, NY) and Manhattan (New York, NY):
- Astoria Federal Savings Bank – Flushing, NY (2012 – 2016)
- Citigroup – New York, NY (2016 – 2021)
- Cetera Investment Advisers – 2021 – 2022
- Also worked at Cathay Bank, Flushing, NY under a networking agreement
- Coastal Equities, Inc. – Discharged in 2023
In 2021, Clarice Saw voluntarily resigned from Cetera Investment Services, with disclosures referencing allegations tied to termination by a financial institution affiliated through a networking relationship.
In 2023, she was discharged by Coastal Equities, Inc. following an SEC complaint alleging that she misappropriated funds from a client while registered with a prior firm.
$1.4 Million Fraud Allegations and Regulatory Scrutiny
According to reports, a former financial advisor identified as Clarice Saw was ordered to pay approximately $1.4 million in connection with alleged fraudulent conduct. The allegations involve:
- Misappropriation or theft of client funds
- Unauthorized transactions or withdrawals
- Breach of fiduciary duty
- Failure to act in the best interests of clients
These types of violations are among the most serious in the securities industry and often leave investors facing substantial financial harm.
Investors in Flushing, Queens, NYC, and surrounding areas who worked with Clarice Saw—especially through Cathay Bank, Cetera Investment Advisers, Citigroup, or Astoria Federal Savings Bank—may have been exposed to potential misconduct.
Red Flags Investors Should Watch For
If you were a client of Clarice Saw (or any variation of her name), you should carefully review your account statements for:
- Unexplained withdrawals or missing funds
- Investments you did not authorize
- Sudden changes in account strategy or risk level
- Difficulty accessing your funds
- Inconsistent or misleading explanations about your investments
Even if the activity occurred years ago, you may still be eligible to pursue recovery.
Geographic Focus: Flushing, Queens, and New York Investors
Clarice Saw’s work history shows a strong presence in:
- Flushing, Queens, NY
- New York City (Manhattan)
- Asian-American banking and investment communities, including clients of Cathay Bank
If you are located in Queens, Brooklyn, Manhattan, Long Island, or anywhere in New York, and had accounts connected to Clarice Saw, it is important to have your investments reviewed by experienced securities attorneys.
Haselkorn & Thibaut represents investors nationwide, including clients in:
- New York
- Florida
- Texas
- North Carolina
- Arizona
Can You Recover Losses from Clarice Saw?
Investors who suffered losses due to financial advisor misconduct may be able to recover damages through:
- FINRA arbitration claims
- Securities fraud litigation
- Claims against brokerage firms for failure to supervise
Brokerage firms have a legal duty to supervise their advisors. If misconduct occurred, the firm itself may be liable for investor losses.
Why Choose Haselkorn & Thibaut?
Haselkorn & Thibaut, InvestmentFraudLawyers.com, specialize in representing victims of financial advisor fraud and misconduct. Our firm has:
- Over 95 years of experience
- A 98% success rate
- Offices in Florida, New York, North Carolina, Arizona, and Texas
- A strong track record handling cases involving misappropriation, Ponzi schemes, unauthorized trading, and breach of fiduciary duty
We represent investors across the United States and are deeply familiar with cases involving advisors operating in New York financial institutions and community banking networks.
Free Consultation – No Recovery, No Fee
If you believe you may have been harmed by Clarice Saw (Clarice Crystal Saw, Chin Saw, or Clarice Chin Saw), contact Haselkorn & Thibaut today for a free, confidential consultation.
📞 Call: 888-885-7162
