Congress Moves to Protect Seniors from Investment Fraud
Financial exploitation of older Americans has become one of the most serious investor-protection problems in the United States. Criminals increasingly…
Read MoreInvestment Fraud
Investment Fraud and Social Media: When “Finfluencers” Cross the Line
Social media has become a major source of investment information. Investors now encounter stock tips, options strategies, crypto promotions, private…
Read MoreInvestors Still in the Dark over GWG Holdings “L” Bond Payments
In January 2022, GWG Holdings Inc., promoter of its high-yield bond product GWG L Bonds, reportedly missed $13.6 million in…
Read MoreInvestment Fraud Continues to Plague USCIS EB-5 Program
The SEC recently announced a series of new enforcement actions against EB-5 regional centers participating in the U.S. Citizenship and…
Read MoreWoodbridge CEO Pleads Guilty to $1.3 Billion Fraud
Robert Shapiro, the ex-CEO of the Woodbridge Companies, has pled guilty to orchestrating a $1.3 billion fraud impacting more than…
Read MoreSeniors Most Often Defrauded by Family and Friends
For a number of reasons, seniors are some of the most likely victims of financial and securities fraud. First, given…
Read MoreRogue Brokers in the News; Fraudsters and Thieves of Client Funds
Two rogue brokers made the news this week. One, a former Ameriprise broker in Los Angles, was arrested by the…
Read MoreMaserati-Buying Insurance Agent Admits to Stealing $1.5 Million from Elderly Clients
On February 5, 2018, a San Diego insurance agent, Shawn Heffernan, pleaded guilty to defrauding senior citizens and others out…
Read MoreSan Diego Securities and Financial Attorneys: Merrill Lynch Fires Fires Two Boston-Based Brokers For Stealing Client Funds
According to FINRA CRD registration records, Morgan Stanley fired two long term, Boston-based brokers [...]
Read MoreREGISTERED INVESTMENT ADVISERS CHARGED WITH STEALING FROM CLIENTS, INCLUDING MIKE TYSON
Two recent instances of RIA’s stealing from clients [...]
Read More