Public Safety
Robert Tricarico

Felonious Former Darien Financial Advisor Again Charged with Fraud

By |
Download PDF

Former Darien financial advisor Robert Tricarico, 63, already convicted of bilking one elderly victim out of $1.2 million, was charged by Darien police with bilking an 82-year-old Darien woman out of $25,000. Darien police described what happened with this account, including accusations not proven in court:

Until April 2015, Tricarico was a registered securities broker with the Financial Industry Regulatory Authority, according to federal court records in an unrelated case. He formerly worked or was associated with various financial firms, including RNT Wealth Management, Northstar Wealth Partners, LPL Financial, and Wells Fargo Advisors Financial Network. The woman, now 82, told police on June 21, 2016 that she had loaned Tricarico, her financial advisor, $25,000 to help him start his own financial management company. A promissory note, outlining the terms of the loan, stated that monthly payments to the woman would be made, with the loan entirely repaid by April 26, 2016.

Public Safety
Seal of the Department of Justice 6-17-16

Former Darien Financial Advisor Sentenced to 41 Months for Stealing $1.2M

By |
Download PDF

Robert N. Tricarico, 60, formerly of Darien and later a Milford resident, was sentenced today [Wednesday] by U.S. District Judge Michael P. Shea in Hartford to 41 months of imprisonment, followed by three years of supervised release, for stealing for than $1.2 million from an elderly client. Until April 2015, Tricarico was a registered securities broker with the Financial Industry Regulatory Authority. He was formerly employed or associated with various financial firms, including RNT Wealth Management, Northstar Wealth Partners, LPL Financial, and Wells Fargo Advisors Financial Network. According to court documents and statements made in court, from January 2010 to June 2013, Tricarico acted as a financial advisor for an elderly and infirm victim who had substantial assets. _____________

— This is an announcement from the U.S. Attorney’s Office for Connecticut.

Public Safety
Seal of the Department of Justice 6-17-16

Former Darien Financial Advisor Admits to Stealing More than $1.2 Million from Elderly Client

By |
Download PDF

Robert N. Tricarico, 60, of Milford and formerly of Darien, waived his right to indictment and pleaded guilty yesterday in Hartford federal court to one count of wire fraud related to his misappropriation of more than $1.2 million from an elderly client. Until April 2015, Tricarico was a registered securities broker with the Financial Industry Regulatory Authority.  He was formerly employed or associated with various financial firms, including RNT Wealth Management, Northstar Wealth Partners, LPL Financial, and Wells Fargo Advisors Financial Network. _______________

— an announcement from the U.S. Attorney’s Office for Connecticut

_______________

According to court documents and statements made in court, from January 2010 to June 2013, Tricarico acted as a financial advisor for an elderly and infirm victim who had substantial assets. Tricarico misappropriated more than $1.1 million from the victim by writing numerous checks to himself or for his benefit without the victim’s authorization. Tricarico also liquidated a coin collection belonging to the victim, and he misappropriated checks made payable to the victim.