Recent Blog Posts
SEC Charges Long Island Investment Professional in $8 Million Scam Targeting Long-Standing Brokerage Customers
05/30/2018 04:05 PM EDT The Securities and Exchange Commission today charged a former registered representative with defrauding long-standing brokerage customers in an $8 million investment scam. According to the SEC’s complaint, Steven Pagartanis, who was affiliated with a registered broker-dealer, told some investors – including retirees who had been Pagartanis’s customers for many years… Read More »
Investor Alert: Ponzi Schemes Targeting Seniors
The SEC’s Office of Investor Education and Advocacy (OIEA) and Retail Strategy Task Force are warning investors about Ponzi schemes that prey on senior investors. Many seniors have spent years saving and investing, which is a great way to achieve financial security – but also may make them targets for investment fraud, including Ponzi… Read More »
Market Volatility is a Reminder that Elderly Investors are Vulnerable to Financial Abuse
In January, Patrick T. Harker, the President of the Federal Reserve Bank of Philadelphia, authored an important op-ed that appeared in Bloomberg View. Mr. Harker noted that elderly investors are at heightened risk of financial abuse, and that bankers and financial institutions need to do more to protect these vulnerable inventors. Soon after this… Read More »
SEC Charges Operators of $1.2 Billion Ponzi Scheme Targeting Main Street Investors
12/21/2017 12:10 PM EST The Securities and Exchange Commission today announced charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked thousands of retail investors, many of them seniors, in a $1.2 billion Ponzi scheme. SEC investigators filed this action to prevent further dissipation of investor assets after obtaining court orders in September andNovember in subpoena enforcement actions that forced… Read More »
Former Invest Financial Advisor Roger Kroeger arrested and charged with embezzlement and money laundering
According to news reports, Former Invest Financial Advisor Roger Kroeger arrested and charged with embezzlement and money laundering from 92 year old woman’s investment account. If you or a family member or friend have concerns about how your investment or stock brokerage account has been handled or if you have any questions concerning the… Read More »
Woodbridge Group Of Companies Files For Bankruptcy In Delaware
Woodbridge Group of Companies, LLC, a high end real estate developer has filed bankruptcy due in part to a SEC investigation into whether Woodbridge defrauded investors. IF YOU HAVE INVESTED IN WOODBRIDGE FUNDS from a licensed financial advisor, contact us to discuss a potential arbitration proceeding against the financial advisor or financial advisors’s stock… Read More »
Real Estate Investment Trusts (REITS): What You Need to Know
Recently, the SEC Office of Investor Education and Advocacy released a bulletin to help investors better understand publicly traded Real Estate Investment Trusts (REITs). REITs are an increasingly popular investment, especially in Florida. While REITs do offer considerable benefits for some investors, these complex financial products are certainly not appropriate for everyone. In this… Read More »
What to Do If You Were a Victim of Excessive Trading (Churning)?
Recently, the SEC Office of Investor Education and Advocacy released an official alert warning investors to be on the lookout for broker excessive trading. Excessive trading, also known as churning, occurs when a broker or broker-dealer make unnecessary transactions on an investor’s account, solely for the purpose of generating increased commissions and fees for… Read More »
Investor Bulletin: Publicly Traded REITs
The SEC’s Office of Investor Education and Advocacy is issuing this bulletin to educate investors about investing in publicly traded REITs. What are REITs? A REIT, or real estate investment trust, is a company that owns – and typically operates – income-producing real estate or real estate-related assets. The income-producing real estate assets owned… Read More »
Investor Alert: Excessive Trading at Investors’ Expense
The SEC’s Office of Investor Education and Advocacy (OIEA) and Broker-Dealer Task Force are jointly issuing this Investor Alert to help investors identify excessive trading in their brokerage accounts and to educate investors about steps they should take if their brokerage firm notifies them of a high volume of trade activity in their accounts…. Read More »
