Tag Archives: Boca Raton Investment Fraud Attorney
Cetera’s Kerry Shaye Craig Discharged Over Customer Complaints
Kerry Shaye Craig (CRD: 4750237) is a former general securities representative of Cetera Investment Services LLC located in Tyler, Texas. He was employed with the FINRA member brokerage firm until December 6, 2017, at which time he was discharged for becoming subject of several customer complaints. Craig’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck profile… 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 »
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 »
Five Men Accused of Selling False Real Estate Investments
Many investors are looking for a way to get into the real estate market while minimizing their risk. There are a number of ways to do so, such as purchasing shares in a real estate investment trust, a company that manages properties and pays investors a share of the income. Unfortunately, the prospect of… Read More »
Florida Man Settles SEC Charges Arising from “Boiler Room” Scam
On August 21, a West Palm Beach resident agreed to settle charges brought by the U.S. Securities and Exchange Commission over his alleged operation of a “boiler room” fraud which reportedly scammed investors out of more than $1.5 million. According to a complaint filed by the SEC with a federal court in Philadelphia, Moshe… Read More »
Citigroup Affiliates to Repay Investors $180M After SEC Investigation
On August 17, two affiliates of Citigroup agreed to pay nearly $180 million in restitution and fines to the U.S. Securities and Exchange Commission as part of a settlement arising from two now-defunct hedge funds. According to an SEC administrative order, the two funds misled thousands of investors as to their actual risks. When… Read More »
Alleged New York Insurance Scammers Face Civil, Criminal Charges
Insurance is often a vehicle for securities fraud. Scam artists lure investors with the promise of easy profits earned through the sale of various insurance products. But those promises often do not translate into reality, leaving investors to pick up the pieces. SEC v. Griffin The SEC recently charged two men with running just… Read More »
Is Your Investment Advisor Really “Conflict-Free”?
Investment advisors have a legal obligation to disclose any conflicts of interest which may affect their clients’ accounts. All registered investment advisors must file a disclosure statement, known as Form ADV, with the SEC and state regulators describing any brochures or other solicitations used to attract clients. Form ADV must include any statements regarding… Read More »
SEC, California Prosecutors Expose $2.6 Million Ponzi Scheme
Investors should always be cautious when dealing with unregistered investment advisors. Registration with the U.S. Securities and Exchange Commission and state officials are important tools that provide investors with access to critical information. It is far too easy for scammers to lure unsuspecting investors with fake credentials and non-existent investment products. SEC v. Moore… Read More »
Do You Know the Warning Signs of a Financial Scam?
Financial scammers often target retirees and the elderly. That it is why it is important to understand and identify the potential signs of financial fraud before you lose your life savings. The U.S. Securities and Exchange Commission recently issued an Investor Alert cautioning all seniors to look for five “red flags” which may indicate… Read More »
