|By Larry Rulison, Times Union, Albany, N.Y.|
Lawyers for the
Meanwhile, the agency claims that Valente spent
Reached by phone on Tuesday, Valente denied that he wasn't supposed to be soliciting investment clients or that he had duped clients.
"No, not at all," Valente said. "I'm sorry, but everything is completely wrong."
He declined additional comment.
In fact, the
Finra documents on Valente's career show that he worked at an
"He said all the right things to make investors believe he was making the right investments and taking the right precautions with their money, but he was merely telling blatant false tales about the safety and success of the investments,"
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