KINGSPORT, Tenn. (AP) -- A former securities broker in Kingsport is being investigated for allegedly embezzling millions of dollars from customers.
Authorities say former MetLife Financial Services employee Mark E. Salyer forged his customers' signatures to embezzle funds he then used for his own purposes.
MetLife says at least six customers have alleged damages between $100,000 to $501,000 each against Salyer, who worked for the company from October 1993 to Oct. 19, 2007.
Salyer also has been investigated by the Tennessee Securities Department, the Securities and Exchange Commission and the IRS.
The case has been handed to federal authorities.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.