FINRA has ousted another former bank registered rep from the brokerage industry, its third so far this year.

Steven J. Dunkelberg, a former rep with Fifth Third Securities in Grand Rapids, Mich., was barred for allegedly stealing money from a bank customer's account. According to FINRA's filing last week, Dunkelberg forged the customer's name on bank withdrawal slips and withdrew $4,970 from the account without the customer's knowledge or consent. The withdrawals purportedly occurred on five separate occasions between October and December of 2014. 

Dunkelberg was dismissed from Fifth Third earlier this month based in part on his misconduct, FINRA said.

Dunkelberg did not respond to an email sent to him via BrightScope Advisor Pages, an online directory for financial advisors.  He could not otherwise be reached for comment. In his settlement with FINRA, Dunkelberg neither admitted nor denied the charges but consented to an entry of FINRA's findings.

According to his BrokerCheck report, Dunkelberg entered the securities industry in October of 2012, when he joined Merrill Lynch. About seven months later, he joined Fifth Third. 

Larry S. Magnesen, a spokesperson for Fifth Third Bank, declined to comment on Dunkelberg's expulsion from the industry.

Dunkelberg joins two other bank reps who were also barred this year.  Jonathan Francis, formerly registered with J.P. Morgan Securities, was banished from the industry for allegedly issuing unauthorized ATM cards as part of a scheme to loot money from customer bank accounts. The other rep, Jamal Romero—also formerly registered with J.P. Morgan Securities—was exiled for supposedly forging a customer's signature on bank withdrawal slips, a move that allowed the customer's sister to steal $3,900 from the customer's account.

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