“Whiz Kid” Settles Fraud Claims with SEC for $1.5 Million
In 2014, the Securities and Exchange Commission warned investors that investment newsletters can be used as a means to perpetrate…
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ONLINE DATING: FERTILE GROUND FOR INVESTMENT FRAUD?
The craze of online dating and mobile dating apps has swept the nation. According to recent polls [...]
Read MoreSEC Halts Ash Narayan from Defrauding RGT Clients
The Securities and Exchange Commission (“SEC”) announced that it obtained a court ordered “freeze” of the assets of three individuals,…
Read MoreTexas Lawyer Sentenced to Jail for Aiding Stock Fraudster
An Austin,Texas attorney was sentenced to 17 years in Federal prison for harboring and concealing a client who was a…
Read MoreEX-Ameriprise Broker Sentenced to 7 Years in Prison for Stealing from Clients
Former Ameriprise broker, Susan Elizabeth Walker of Minnesota, has been sentenced to seven years in in prison for stealing $1…
Read MoreRay Lucia, Sr. And His “Buckets of Money” Strategy: A Bloodbath For His Clients
Ray Lucia, Sr. is a San Diego based “financial adviser” whom the Securities and Exchange Commission (“SEC”) barred from the…
Read MoreInvestment Advisor Who Stole $43 Million from Ex-Hockey Star Convicted
Former investment manager Joseph Zada, charged with swindling $43 million from former Detroit Red Wings star Sergei Fedorov was convicted…
Read MoreSenate Proposes Substantial Increases In SEC Fines For Fraudsters
The price for being a securities fraudster may be increasing substantially. The U.S. Senate proposed substantial increases in SEC fines,…
Read MoreThey Never Learn – SEC Seeks to Bar Broker Who Stole $2 Million from Trusted Clients
The SEC today announced it was taking steps to bar a former stockbroker and investment adviser who stole $2 million…
Read MoreJP Morgan Chase Clients Sold Unsuitable Investments
November 15, 2011. Unsuitable investments continue to be sold to unsuspecting clients of major brokerage firms. On November 15, 2011…
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