by admin | Apr 28, 2016 | Securities Fraud
A “free dinner” investment seminar ended in a fraud scheme that targeted elderly people, according to the SEC. Philadelphia residents John D. Ellis Jr. and Joseph Andrew Paul fabricated their respected track record of their investment firm, Paul-Ellis Investment...
by admin | Apr 28, 2016 | Securities Fraud
Finra has charged former broker David Randall Lockey with profiting from improper trading of client accounts for about two years. According to the Finra complaint, Mr. Lockey had engaged in unsuitable short-term trading and switching mutual funds and unit investment...
by admin | Apr 5, 2016 | Securities Fraud
Financial adviser Andrew Dalmady was doing his friend a favor by reviewing his investments. Unbeknownst to him at the time, he would go on to uncover the second largest ponzi scheme in history. Allen Stanford, a titan in the banking industry and listed in Forbes as...
by admin | Apr 5, 2016 | Securities Fraud
Wells Fargo and the Rhode Island Economic Development Corp. (RIEDC) have been charged by the SEC with fraud, in relation to a bond offering that supported the now extinct video game company 38 Studios. Investigators on the case say that bond investors were unaware...
by admin | Mar 22, 2016 | Securities Fraud
David Joseph Escarcega was barred from the financial industry following a February 29th disciplinary decision from the Financial Industry Regulatory Authority Inc. He was found guilty for making at least 12 unnecessary recommendations involving debt tools known as...
