Sam Paolini — Customer Conversion

Sam Peter Paolini Allegedly Converted $7,000 from a Customer

Sam Paolini allegedly converted $7,000 from a customer, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Sam Paolini’s alleged customer conversion of $7,000 are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Sam Paolini’s alleged customer conversion of $7,000.

Paolini, on or about January 27, 2017, and while registered with Horner Townsend, was allegedly given $7,000 by a prospective customer for the purported purposes of making an investment, according to the aforementioned AWC.

Paolini allegedly told said customer that he was unsure to whom the check should be made payable, and hence, the customer purportedly left the payee line blank, the AWC notes.

Paolini, rather than applying the check to the investment he had discussed with the customer allegedly wrote his own name on the payee line, endorsed and cashed the check, and then also purportedly kept the funds for his own use, the AWC notes.

Sam Peter Paolini Barred by FINRA from Associating with any FINRA Member in any Capacity

Sam Paolini, based on the aforementioned behavior, allegedly violated FINRA Rules and hence has been barred from associating with any FINRA member in any capacity, according to the aforementioned AWC currently being examined by attorneys Alan Rosca and James Booker.

Sam Paolini was reportedly first registered with a FINRA member firm in August 2012, and, from January 2015 through September 2017, Paolini was allegedly registered with Horner, Townsend & Kent, Inc. as a General Securities Representative, according to said AWC.

Sam Paolini, while registered with Horner TownSend, was allegedly terminated by Form U5 filed on September 25, 2017, and he has not been registered or associated with a member firm since that time, the AWC reports.

Although Paolini is purportedly no longer associated with a FINRA member firm, FINRA retains jurisdiction over him pursuant to FINRA’s By-Laws, the AWC states.

Finally, one should also note that, according to the AWC, Sam Peter Paolini neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Sam Paolini’s alleged customer conversion of $7,000. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Sam Paolini’s alleged customer conversion of $7,000 may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com

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Jamil Ahmed— Borrowing over $5,000 from a Customer of His Member Firm

Jamil Ahmed Allegedly, on at Least Three Occasions, Allegedly Borrowed a Total of over $5,000 from a Customer of his Member firm, an Alleged Action which the Firm’s Written Procedures Specifically Prohibited

Jamil Ahmed, on at least three occasions, allegedly borrowed a total of over $5,000 from a customer of his member firm, MetLife, which the firm’s written procedures specifically prohibited, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Jamil Ahmed allegedly borrowing over $5,000 from a customer of his member firm are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Jamil Ahmed allegedly borrowing over $5,000 from a customer of his member firm, MetLife.

Jamil Ahmed’s allegedly filed a bankruptcy petition which allegedly lists four individuals with claims in the amount of $7,000, $5,000 and $3,000, and the consideration of claim is indicated as being “Money loaned”, according to the aforementioned AWC.

Jamil Ahmed Suspended by FINRA

Jamil Ahmed, on at least three occasions in or around 2013, allegedly borrowed a total of over $5,000 from a customer of his FINRA regulated broker-dealer in violation of FINRA Rules, according to the aforementioned AWC currently being examined by attorneys Alan Rosca and James Booker.

During the aforementioned time period, Ahmed’s employing FINRA regulated broker-dealer had written policies prohibiting registered representatives from borrowing from customers, the AWC notes.

Ahmed, in his 2013 and 2014 annual compliance certifications, allegedly made false representations to his employing FINRA regulated broker-dealer that he had not borrowed money or securities from a customer despite his having already borrowed money from a customer in 2013, in alleged violation of FINRA Rules, the AWC states.

Ahmed, as a result of the allegedly aforementioned behavior, allegedly violated FINRA Rules and hence has been suspended by FINRA, the AWC states.

Finally, one should also note that, according to the AWC, Jamil Ahmed neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Jamil Ahmed allegedly borrowing over $5,000 from a customer of his member firm. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Jamil Ahmed allegedly borrowing over $5,000 from a customer of his member firm may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com

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Robert Baldwin Del Guercio— Alleged Sales Practice Violations

Robert Baldwin Del Guercio Allegedly Engaged in Sales Practice Violations

Robert Baldwin Del Guercio, of Iselin, New Jersey, allegedly engaged in sales practice violations, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Robert Baldwin Del Guercio’s alleged engagement in sales practice violations are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Robert Baldwin Del Guercio’s alleged engagement in sales practice violations.

On October 3, 2016, Del Guercio’s Uniform Application For Securities Industry Registration or Transfer (Form U4) was allegedly amended to disclose that his customers had filed an arbitration claim in July 2016 alleging sales practice violations against Del Guercio, according to the aforementioned AWC.

On August 2017. FINRA purportedly sent a request to Del Ciuereio pursuant to FINRA Rules requesting that he appear and provide on-the-record testimony on October 12, 2017, the AWC notes.

Robert Baldwin Del Guercio Barred by FINRA

Robert Baldwin Del Guercio, as stated through counsel during a telephone call between counsel and FINRA staff on September 6, 2017, allegedly acknowledged that he received FINRA’s August 31, 2017 request and that he would purportedly not appear for on-the-record testimony at any time, according to the aforementioned AWC currently being reviewed by attorneys Alan Rosca and James Booker.

Del Guercio, by refusing to appear for on-the-record testimony as requested pursuant to FlNRA Rules, allegedly violated FINRA Rules, and hence has been barred by FINRA, the AWC states.

Robert Del Guercio was a financial advisor and registered representative of Herbert J. Sims & Co. from February 2012 to August 2017, and was also affiliated with UBS Financial Services from December 2009 to February 2012, FINRA reports.

Del Guercio has purportedly been the subject of at least ten customer complaints, alleging misrepresentations related to corporate bonds as well as oil and gas investments, FINRA states.

Finally, one should also note that, according to the AWC,  Robert Baldwin Del Guercio neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Robert Baldwin Del Guercio’s alleged engagement in sales practice violations. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Robert Baldwin Del Guercio’s alleged engagement in sales practice violations may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Steven Meyer— Churning and Unsuitable Excessive Trading

Steven John Meyer Allegedly Engaged in Churning and Unsuitable Excessive Trading in the Accounts of Four Customers, Two of whom were Senior Citizens

Steven Meyer, of Staten Island, New York, allegedly engaged in churning and unsuitable excessive trading in the accounts of four customers, two of whom were senior citizens, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Steven Meyer’s alleged churning and excessive trading in customer accounts are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Steven Meyer’s alleged churning and excessive trading in customer accounts.

Meyer‘s alleged active trading in the four accounts purportedly resulted in more than $115,000 in cumulative losses to his customers, while Meyer allegedly generated $160,000 in sales charges, according to the aforementioned AWC.

Meyer, also during 2015, allegedly executed 10 unauthorized transactions in the customer’s account, and during 2016, 41 of the 67 trades purportedly made in the customer’s account were allegedly unauthorized, the AWC states.

Steven Meyer Barred from the Securities Industry by FINRA

Steven Meyer, based on the aforementioned alleged behavior, allegedly violated FINRA Rules and therefore has been barred by the securities industry by FINRA, according to the aforementioned AWC currently being examined by attorneys Alan Rosca and James Booker.

This follows a ruling in August wherein Steven Meyer was reportedly barred by the New Hampshire State Securities Bureau for allegations of excessively and rapidly trading three customer accounts while working at Legend Securities, according to an Order from the State of New Hampshire Department of State Bureau of Securities Regulation.

Said Order also alleges that trading was purportedly found to be unsuitable and confirmations were marked unsolicited when they were actually solicited.

What is more, the investigation found that Meyer also purportedly violated telemarketing policies, and allegedly churned customer accounts, the Order notes. Finally, he was found to have allegedly acted unethically and dishonestly, the Order states.

Finally, one should also note that, according to the AWC, Steven John Meyer neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Steven Meyer’s alleged churning and excessive trading in customer accounts. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Steven Meyer’s alleged churning and excessive trading in customer accounts may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Jeffrey Lewis, of Lewis Investments in Mercer County, Allegedly Stole Nearly $300,000 from a 93-year-old Woman

Jeffrey Lewis, the sole proprietor of Lewis Investments in Mercer County, allegedly stole nearly $300,000 from a 93-year-old woman and then waived indictment and pleaded guilty to wire fraud and money laundering before U.S. District Judge David Cercone, according to reports from Mercer County.

Lewis allegedly solicited the client, known only as “E.M.” in 2015 to invest in a $60,000 Penn State Housing Authority bond. E.M. allegedly then entrusted him with a $58,000 check to invest in the bond, said reports note.

Jeffrey Lewis Allegedly Advised His Client to Avoid Unnecessary Fees and that He Could Put Her Money in Safer Investments with Higher Returns; Lewis Allegedly Used the Client Funds for Personal Expenses

Jeffrey Lewis allegedly told the aforementioned E.M. that her financial adviser at the time was incurring unnecessary fees and that he was allegedly able to help her put her money into less risky investments but for a higher return, according to the aforementioned reports from Pennsylvania.

Lewis, in December 2015, allegedly helped her open TD Ameritrade accounts and helped her in wiring her cash from her existing account to the new Ameritrade accounts, the reports note.

Lewis then, about two weeks later, allegedly transferred $230,000 from EM’s Ameritrade accounts to his own private personal bank account at First National Bank without her prior knowledge or approval, the reports state. Next, Jeffrey Lewis then started using E.M.’s cash to pay his own private expenses, including gambling activity and a $37,000 Hummer, the reports note.

Lewis allegedly has no prior record of charges in the securities industry, but did allegedly have a drunk driving conviction, the reports note.

Lewis is now purportedly looking at several years in federal prison and will be forced to pay restitution as best he can as part of his plea deal, the reports state.

The Peiffer Rosca Wolf Securities Lawyers Help Investors

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of investment-related fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Satya Shaw—Outside Business Activities

Satya B. Shaw Allegedly Failed to Disclose Six Outside Business Activities to Center Street Securities, Inc.

Satya Shaw, of Wesley Chapel, Florida, allegedly failed to disclose six outside business activities to his employer and member firm Center Street Securities, Inc., according to a recent Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Satya Shaw’s alleged participation in outside business activities are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Satya Shaw’s alleged participation in outside business activities.

Satya Shaw, from February 8, 2010 to November 18, 2016, allegedly engaged in business transactions on six occasions outside of Center Street Securities where he allegedly purportedly took in payments for expediting insurance and tax-based deals, according to the aforementioned AWC.

Shaw, a stockbroker formerly registered with Center Street Securities, also allegedly oversaw the rest of the companies organizes to facilitate real estate rental agreements, the AWC states.

What is more, Shaw also allegedly paid out unregistered individual fee payments in connection with securities transactions, the AWC notes. Shaw, between 2009 and 2016, also allegedly effected insurance policies while unregistered, the AWC reports.

Furthermore, between December 7, 2013 and October 5, 2016, an insurance agent, known only as SM, who was purportedly not registered with a broker-dealer, allegedly identified clients of his who sought diversification in securities and referred those clients to Shaw, the AWC notes. In return Shaw allegedly paid SM approximately $46,680 in securities transaction-based compensation, the AWC states.

Shaw Allegedly Failed to Disclose that He Was a Member of Six Limited Liability Companies; Shaw Fined 6 Months from Associating with a Member Firm in any Capacity and Fined $10,000 by FINRA

Shaw allegedly failed to disclose that he was a member of six limited liability companies, one of which purportedly received compensation in connection with the marketing of insurance and preparation of tax returns, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

Shaw, by virtue of the foregoing, allegedly violated NASD and FINRA Rules, and hence has been suspended for six months from associating with any member firm and has also been fined $10,000 by FINRA, the AWC states.

One should also note that, according to the AWC, Satya Shaw neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Satya Shaw’s alleged participation in outside business activities. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Satya Shaw’s alleged participation in outside business activities may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Jeffrey Delone– Private Securities Transactions

Jeffrey W. Delone Allegedly Engaged in Private Securities Transactions Not Disclosed to FSC Securities Corp.; Delone Allegedly Solicited Six Investors, including Three Clients of FSC Securities Corp., to Make Investments Totaling $310,000 in a Learning Center Franchise of which Delone was Purportedly Part-owner

Have you or a loved one invested your hard-earned cash with Jeffrey W. Delone of Malvern, Pennsylvania?

Jeffrey Delone allegedly engaged in private securities transactions not disclosed to FSC Securities Corp., according to a recent Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Jeffrey Delone’s alleged engagement in private securities transactions are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Jeffrey Delone’s alleged engagement in private securities transactions.

Jeffrey Delone, who was a financial advisor and registered representative of FSC Securities Corp. from 2007 to February 2017, allegedly solicited six investors, including three clients of FSC Securities Corp., to make investments totaling $310,000 in a learning center franchise of which Delone was purportedly a part-owner, according to the aforementioned AWC.

Jeffrey Delone Suspended for Six Months and Fined $10,000 by FINRA

Jeffrey Delone, at various times from June 2010 through September 2013, allegedly participated in private securities transactions in connection with a learning center franchise of which he was a part owner, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

As a result of the aforementioned alleged behavior, Delone allegedly violated NASD and FINRA Rules, and hence Delone had been suspended six months and fined $10,000 by FINRA, according to the AWC.

NASD Rules prohibit any person associated with a member firm from participating in any manner in a private securities transaction unless, prior to participating in the transaction, the associated person provides “written notice to the member with which he is associated describing in detail the proposed transaction and the person’s proposed role therein and stating whether he has received or may receive selling compensation in connection with the transaction”, the AWC notes.

One should also note that, according to the AWC, Jeffrey W. Delone, neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Jeffrey Delone’s alleged engagement in private securities transactions. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Jeffrey Delone’s alleged engagement in private securities transactions may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Sharon Melinda Kwan — Alleged Undisclosed Outside Business Activities

Sharon Melinda Kwan Allegedly Engaged in Undisclosed Outside Business Activities; Kwan’s Alleged Real Estate Activities Purportedly Involved Two National Planning Corporation Customers and Purportedly Lacked Proper Prior Written Notice to National Planning Corporation

Sharon Melinda Kwan allegedly engaged in undisclosed outside business activities involving real estate activities with two firm customers (purported personal friends of Kwan) without providing prior written notice to National Planning Corporation, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Sharon Melinda Kwan’s alleged outside business activities are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Sharon Melinda Kwan’s alleged outside business activities.

Kwan and two customers, from April of 2009 to April of 2013, allegedly engaged in real estate ventures without Kwan informing National Planning Corporation beforehand, and Kwan’s apparent  involvement in said transactions was not made known to National Planning until April of 2013, according to the aforementioned AWC.

Kwan, of Arcadia, California, allegedly falsely represented her outside business activities, prior to April of 2013, on compliance questionnaires administered to her by the firm, the AWC notes.

Sharon Melinda Kwan Suspended and Fined $15,000 by FINRA for Allegedly Failing to Observe High Standards of Commercial Honor and Just and Equitable Principles of Trade Related to Real Estate Ventures

Sharon Melinda Kwan, between June 2009 and February 2013, allegedly made undisclosed customer deposits of almost $1.4 million into the two accounts of which NPC did not approve, according to the aforementioned AWC currently being reviewed by attorneys Alan Rosca and James Booker.

Kwan allegedly held joint bank accounts with her firm customer and Kwan also allegedly provided inaccurate annual firm compliance attestations regarding her joint bank accounts with said customer between 2009 and 2012, the AWC notes.

Kwan, as a result of the aforementioned behavior, allegedly did not observe high standards of commercial honor and just and equitable principles of trade, and hence violated FINRA Rules and therefore has been fined $15,000 and suspended by FINRA, the AWC reports.

Finally, one should also note that, according to the AWC, Sharon Melinda Kwan, neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Sharon Melinda Kwan’s alleged outside business activities. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Sharon Melinda Kwan’s alleged outside business activities may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Dennis McMurray— Alleged Private Securities Transactions & Selling Away

Dennis McMurray Terminated by Girard Securities, Inc after the Firm Filed a Form U5 Related to an Internal Review of McMurray’s Alleged Practices of Selling Away and Participation in Private Securities Transactions

Dennis McMurray was terminated by Girard Securities, Inc. and the firm filed a Form U5 on September 15, 2016 relating to an internal review of McMurray’s alleged practices of selling away and participation in private securities transactions, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Dennis McMurray’s alleged practices of selling away and participation in private securities transactions are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Dennis McMurray’s alleged practices of selling away and participation in private securities transactions.

Dennis McMurray, of Irvine, California, and a broker formerly registered with Girard Securities, Inc., came under the scope of a FINRA investigation into his alleged misconduct on March 31, 2017, according to the aforementioned AWC.

Subsequently, FINRA sent a letter to McMurray y requesting that McMurray provide information and documentation to FINRA staff by April 14, 2017, in accordance with FINRA Rules, the AWC states.

Dennis McMurray Barred by FINRA from Associating with any FINRA Member in any Capacity Following His Alleged Failure to Provide Documents and Information Requested by FINRA

McMurray allegedly received FINRA’s aforementioned request, then purportedly obtained counsel and sought an additional month to provide FINRA staff with a response, according to the aforementioned AWC currently being reviewed by attorneys Alan Rosca and James Booker.

McMurray was then allegedly given two additional extensions to cooperate, wherein FINRA imposed a June 30, 2017 deadline, the AWC notes. At the deadline, however, McMurray, however,  reportedly failed to hand over information and documentation at the deadline that FINRA sought, the AWC reports.

As a result, McMurray allegedly violated FINRA Rules and hence has been barred by FINRA from associating with any FINRA member in any capacity, the AWC states.

Finally, one should also note that, according to the AWC, Dennis McMurray, neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Dennis McMurray’s alleged practices of selling away and participation in private securities transactions. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Dennis McMurray’s alleged practices of selling away and participation in private securities transactions may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Anthony Vultaggio— Alleged Sales of Private Investments, Undisclosed Outside Business Activities

Anthony Vultaggio, Jr. Allegedly Engaged in a Potentially Undisclosed Offering of Securities through an Undisclosed Outside Business without Prior Notice to or Consent from American Capital Partners, His Member Firm

Anthony Vultaggio allegedly engaged in a potentially undisclosed offering of securities through an undisclosed outside business without prior notice to or consent from his member firm, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Anthony Vultaggio’s alleged undisclosed outside business activities are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Anthony Vultaggio’s alleged undisclosed outside business activities.

FINRA opened an investigation into Vultaggio following his termination by his former brokerage firm, American Capital Partners, and it was alleged that Vultaggio  allegedly sold private investments to an investor without notification to American Capital Partners, according to the aforementioned AWC.

American Capital Partners, on July 13, 2017, allegedly filed an amended Form U5 disclosing an ongoing internal review that had been initiated on July 7, 2017, and stated that the firm had been advised by one of the respondent’s former clients that Vultaggio allegedly solicited an investment in a private offering for an entity Vultaggio allegedly represented that he owned and/or controlled, the AWC reports.

Anthony Vultaggio Barred by FINRA; Vultaggio Allegedly Refused to Appear for FINRA Requested On-the-record Testimony

FINRA purportedly requested on-the-record testimony of Anthony Vultaggio during the course of an examination into his potential undisclosed offering of securities through an undisclosed outside business without prior notice to or consent from his member firm, according to the aforementioned AWC currently being reviewed by attorneys Alan Rosca and James Booker.

Vultaggio, by allegedly refusing to appear for on-the-record testimony as requested pursuant to FINRA Rules allegedly violated FINRA Rules and hence has been barred from associating with any FINRA member firm in any capacity, the AWC notes.

Anthony Vultaggio was a financial advisor and registered representative of American Capital Partners from July 2007 to March 2017, and worked at a branch office in East Meadow, New York, the AWC states.

Finally, one should also note that, according to the AWC, Anthony Vultaggio neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating  Anthony Vultaggio’s alleged undisclosed outside business activities. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of  Anthony Vultaggio’s alleged undisclosed outside business activities may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Jeremy Drake—Investment Fraud

Jeremy Drake Allegedly Defrauded a Well-known Professional Athlete and His Wife for Over Three Years by Purportedly Telling Them They Paid a Special “VIP” Annual Rate of 0.15 to 0.20% of their Assets Under Management when in Fact they Allegedly Paid 1%

Jeremy Drake, an investment adviser formerly of Los Angeles-based HCR Wealth Advisors, allegedly defrauded a well-known professional athlete and wife by purportedly telling them that they paid a special “VIP” annual rate of 0.15 to 0.20% of their assets under management when in fact they paid 1%, according to an SEC Complaint currently under review by attorneys Alan Rosca and James Booker.

Peiffer Rosca Wolf securities practice lawyers are investigating Jeremy Drake’s alleged investment fraud.

Investors who believe they may have lost money in activity related to Jeremy Drake’s alleged investment fraud are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

Drake’s alleged annual rate disinformation led the aforementioned clients to pay $1.2 million more in management fees than Drake represented with Drake purportedly taking in approximately $900,000 of incentive-based compensation based on the fees paid by the clients during the course of his alleged deception, according to the aforementioned SEC Complaint.

Drake’s Allegedly Went to Great Lengths to Hide His Deception, Including Creating a Character Known as “Ron Stenson” to Corroborate His Story; The SEC is Allegedly seeking a permanent injunction against Drake and a Return of His Allegedly Ill-gotten gains plus Interest and Penalties

Drake’s clients, in sum, allegedly placed over $35 million of their assets under Drake’s management, and Drake was the clients’ sole contact at HCR during the period when he acted as their advisor, according to the aforementioned Complaint from FINRA’s Department of Enforcement presently being reviewed by attorneys Alan Rosca and James Booker.

The SEC further alleges that Drake went to great lengths to hide his fraud, including making and sending false documents including deceptive fee reports, sending false and misleading e-mails, and pretending to be another person to corroborate his lies, the Complaint reports.

For example, the SEC alleges that in June 2016, as one of the clients demanded an explanation about the fees, Drake created the persona of “Ron Stenson,” who purportedly corroborated Drake’s story, the Complaint states. Drake allegedly admitted to one of the clients, upon discovery of his alleged misdeeds, that he had been lying and warned her that reporting his alleged misconduct could result in bad publicity for her husband, the Complaint notes

The SEC charged Drake with allegedly violating and aiding and abetting violations of the anti-fraud provisions of the Investment Advisers Act, and hence the SEC is seeking a permanent injunction, return of Drake’s allegedly ill-gotten gains plus interest, and penalties, the Complaint reports.

Drake met the clients back in 2008 when he worked for another investment advisory firm, but the clients were not named in the Complaint, the Complaint states.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged investment fraud and are currently investigating Jeremy Drake’s alleged investment fraud. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Jeremy Drake’s alleged investment fraud may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Lorenzo Esteva— Allegedly Providing Falsified Account Statements

Lorenzo C. Esteva Allegedly Provided Falsified Account Statement to a Customer from 2001 to 2017 and also Allegedly Journaled Funds Improperly between Accounts of Two Unrelated Customers

Lorenzo Esteva, a broker from Miami, Florida, allegedly provided falsified account statements to a customer from 2001 to 2017, during which time Esteva was allegedly employed with Merrill Lynch and UBS Financial Services, and also improperly journaled funds between accounts of two unrelated customers, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Lorenzo Esteva’s alleged falsified accounts are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Lorenzo Esteva’s alleged falsified accounts.

Esteva was purportedly terminated by UBS on June 6, 2017, based upon allegations that he placed unauthorized transactions involving a customer’s funds and purportedly furnished documents to them containing fake account details, according to the aforementioned AWC.

Lorenzo Esteva Barred by FINRA from Associating with any FINRA Member Firm

Lorenzo C. Esteva, on July 25, 2017, allegedly received a letter from FINRA requesting that he hand over brokerage and bank account statements, information about customer disputes, and other documents relevant to FINRA’s investigation into allegations of his misconduct, according to the aforementioned AWC presently under review by attorneys Alan Rosca and James Booker.

Esteva was then allegedly warned by FINRA that his purported failure to provide FINRA with the aforementioned documentation and information as requested could result in his potential bar, the AWC notes.

FINRA then allegedly granted Esteva an extension of time to cooperate, as Esteva’s counsel allegedly reported to FINRA on August 22, 2017, that Esteva would allegedly not be providing the information and documentation as requested or otherwise participating in FINRA’s investigation, the AWC notes.

As a result, FINRA has rued that Esteva’s alleged conduct was violative of FINRA Rules, the AWC notes.

Esteva has also allegedly been named in a customer initiated investment related to a written complaint on June 20, 2017, in which the customer’s claim was supported by allegations that Esteva effected unauthorized loan transactions and falsified the customer’s signature and documentation, according to FINRA.

Finally one should also note that, according to the AWC,  Lorenzo Esteva neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Lorenzo Esteva’s alleged falsified accounts. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Lorenzo Esteva’s alleged falsified accounts may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Kinan Nimeh— Alleged Unsuitable Recommendations and Sales Practice Violations

Kinan Nimeh Allegedly Made Unsuitable Recommendations of Non-traditional ETF’s and Purportedly Committed Sales Practice Violations

Kinan Nimeh allegedly made unsuitable recommendations of non-traditional ETF’s and purportedly committed sales practice violations according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Kinan Nimeh‘s alleged unsuitable recommendations of non-traditional ETF’s are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Kinan Nimeh‘s alleged unsuitable recommendations of non-traditional ETF’s.

Nimeh allegedly recommended unsuitable transactions in leveraged Exchange Traded Funds in the accounts of 29 customers in alleged violation of FINRA Rules, according to the aforementioned AWC.

FINRA Rules state that a “member or an associated person must have a reasonable basis to believe that a recommended transaction or investment strategy involving a security or securities is suitable for the customer, based on the information obtained through the reasonable diligence of the member or associated person to ascertain the customer’s investment profile.”

Nimeh Suspended and Fined $5,000 and Ordered to Pay Restitution in the Sum of $3,578 to a Customer

Kinan Nimeh, based on the alleged aforementioned behavior, allegedly violated FINRA Rules and hence, has been suspended and fined $5,000 and ordered to pay restitution in the sum of $3,578 to a customer, according to the aforementioned AWC currently being reviewed by attorneys Alan Rosca and James Booker.

Nimeh allegedly recommended that the aforementioned non-traditional positions be held in these customers’ accounts from between 62 and 176 days, the AWC notes, and the alleged average holding period was 130 days.

What is more, Nimeh allegedly did not have reasonable grounds for believing that these recommendations were suitable, the AWC reports.

Nimeh allegedly has  four customer disputes in total, the most recent one was in 2015, where a  customer alleged unsuitability, excessive trading, unauthorized trading, and excessive margin, and the dispute was allegedly settled for $20,000, according to Nimeh’s BrokerCheck Report.

Finally, one should also note that, according to the AWC,  Kinan Nimeh neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Kinan Nimeh‘s alleged unsuitable recommendations of non-traditional ETF’s. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Kinan Nimeh’s alleged unsuitable recommendations of non-traditional ETF’s may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Michael Scronic— Alleged Ponzi Scheme

Michael Scronic Allegedly Ran a $19 Million Ponzi Scheme via the Scronic Macro Fund; Scronic Allegedly Lost $15.7 Million Prior Commissions and Purportedly Lost Money in 28 out of 29 Quarters

Michael Scronic, 46, of Pound Ridge, New York, allegedly ran a $19 million Ponzi scheme involving 45 investors  through his Scronic Macro Fund, according to reports from the Southern District of New York presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Michael Scronic’s alleged Ponzi scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Michael Scronic’s alleged Ponzi scheme.

Scronic allegedly stole over $19 million by purportedly making false performance statements regarding his investment fund and then allegedly went on to spend much of that money on his own lavish lifestyle, including a vacation house in Stratton, Vermont, fees for his beach club and country club, and credit card charges, according to statements from Joon H. Kim, the acting United States attorney for the Southern District of New York

While Scronic was raising more than $19 million from April 2010 to the present he allegedly told investors that his fund had made money in all but one quarter from January 2012 through June 2017, according to the aforementioned reports. In reality, the authorities report, Scronic Macro Fund had allegedly lost money in 28 out of 29 quarters and the net loss was approximately $15.7 million before commissions.

When Investors Came Calling for the Balance in Scronic’s Account, There Was Less than $27,500; Michael Scronic Facing One Count of Securities Fraud and One Count of Wire Fraud with a Maximum Sentence of 20 Years

When Scronic’s investors came looking for their money Scronic allegedly told them on June 30 that his total assets amounted to almost $22 million, but in reality, the balance in his account was allegedly less than $27,500, according to New York Court Reports presently under review by attorneys Alan Rosca and James Booker.

In one instance, one investor allegedly asked to redeem his $200,000 investment plus his purported gains, and Scronic allegedly made excuses, and the investor claims he has not received his money back, according to Court Reports.

Scronic will soon appear before U.S. Magistrate Judge Lisa Margaret Smith in White Plains federal court, and faces one count of securities fraud and one count of wire fraud with  a maximum sentence of 20 years in prison, authorities said.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Michael Scronic’s alleged Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Michael Scronic’s alleged Ponzi scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Yukom / Lee Elbaz— Alleged Binary Options Trading Fraud

Lee Elbaz, a.k.a. Lena Green, the CEO of Yukom and the operator of BinaryBook in Israel, Allegedly Operated a Fraudulent Binary Options Scheme; Elbaz’s Case Has

Lee Elbaz, a.k.a. Lena Green, the CEO of Yukom, and the operator of BinaryBook in Israel, allegedly operated a fraudulent binary options scheme and was recently arrested by the FBI at  New York’s JFK airport in New York on September 14 upon arrival, according to legal records in New York currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Lee Elbaz’s alleged binary options scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Lee Elbaz’s alleged binary options scheme.

The Israeli Binary Options Industry Allegedly Has a Turnover of Millions of Dollars and Involves Thousands of Workers

Reports from Israel describe binary options as an industry with a turnover of hundreds of millions of dollars and involving thousands of workers, and is allegedly taking money from loads would-be investors worldwide with a range of corrupt practices, according to a series of reports from the Times of Israel presently being analyzed by attorneys Alan Rosca and James Booker.

The reports detail how salesman allegedly call people from around the world and purportedly convince  them to “invest” in a supposed financial product called “binary options” and then the clients are allegedly given encouragement to make a deposit and to send money to the firms which would then be used that money to make so-called “trades”.

Next, clients would then allegedly try to make a decision whether a currency or commodity would increase or lose value on international markets within a certain, limited period of time, according to reports from the Times of Israel.

If the clients had made proper predictions, then they won money, from 30 to 80 percent of the sum they had put down, but if they had allegedly guessed wrong, they would have to give up all the money they had put down on that “trade”, and that the more clients allegedly placed down, the nearer they came to going bust, said reports note.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Lee Elbaz’s alleged binary options scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Lee Elbaz’s alleged binary options scheme  may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

 

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Louis Navellier and Navellier & Associates, Inc.— Alleged Spreading of False Performance Claims Via Advertising Materials

Louis Navellier and Navellier & Associates, Inc. Allegedly Handed Out False Performance Claims in Their Advertising Materials

Louis Navellier and his Navellier & Associates, Inc., from 2010 to 2013, allegedly defrauded their clients and prospective clients, by allegedly making misleading statements regarding the performance track record of the so-called “Vireo AlphaSector” investment strategies that the firm offered under the “Vireo” brand name, according to an SEC Complaint presently being reviewed by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Louis Navellier’s alleged false performance claims in advertising materials are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Louis Navellier’s alleged false performance claims in advertising materials.

Navellier and Navellier & Associates allegedly ignored so-called red flags demonstrating the investment strategies had not performed as advertised and rather re-branded the strategies as “Vireo AlphaSector” and proceeded to recommend them to clients, the Complaint states.

Navellier and Navellier & Associates Allegedly Distributed Ads Regarding Vireo AlphaSector which were Materially False based on Information First Obtained from the Strategies’ Model Manager, the Now-defunct F-Squared Investments Inc

Navellier and Navellier & Associates allegedly distributed advertisements about Vireo AlphaSector which were allegedly materially false based on information originally obtained from the strategies’ model manager, the now-defunct F-Squared Investments Inc, according to the aforementioned Complaint presently under review by attorneys Alan Rosca and James Booker.

Navellier & Associates, which at present has about $1 billion in assets under management, allegedly later came to figure out that the track record of F-Squared was purportedly fabricated, the Complaint notes.

Navellier,  rather than informing its clients, allegedly arranged to sell the Vireo business line to F-Squared and allegedly made a handsome profit, the Complaint reports.

The SEC goes on to allege that Navellier Associates allegedly asked for proof that the F-Squared strategies had a live record, but F-Squared allegedly refused on grounds of client confidentiality, the Complaint states. Finally, the SEC complaint alleges other due diligence efforts were also allegedly  inadequate, and that the company allegedly persisted with its plans to market the AlphaSector strategy.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Louis Navellier’s alleged false performance claims in advertising materials. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Louis Navellier’s alleged false performance claims in advertising materials may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Daniel Joseph Touizer — Alleged Fraud Scheme

Daniel Joseph Touizer and His Fort Lauderdale-based Wheat Capital Management Allegedly Orchestrated a Twelve-year Scheme Allegedly Defrauding up to 150 Clients out of $19 Million after Purportedly Persuading them to Invest in Insurance Products, Gems, and Self-storage Units

Daniel Joseph Touizer and his Fort Lauderdale-based Wheat Capital Management allegedly orchestrated a twelve-year scheme allegedly defrauding up to 150 people out of $19 million after purportedly persuading them to invest in insurance products, gems, and self-storage units, according to U.S. District Court Documents currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Daniel Joseph Touizer’s alleged fraud scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Daniel Joseph Touizer’s alleged fraud scheme.

Touizer  allegedly withdrew roughly $7 million in investments from his account between 2010 and the time of his recent arrest, according to the Assistant U.S. Attorney Roger Cruz.

Judge Barry Seltzer Calls Touizer a “Significant Economic Danger to the Community”; Touizer Allegedly Promised a Guaranteed Return and that His Companies Held Regulatory Approval

Touizer allegedly promised investors a guaranteed return and purportedly claimed that his companies held regulatory approval, according the aforementioned affidavit presently being reviewed by attorneys Alan Rosca and James Booker.

Touizer also allegedly made statements to investors that he wouldn’t take a personal salary and that investors’ money would be used for sales and marketing, according to government affidavit.

As a result, U.S. Magistrate Judge Barry Seltzer in U.S. District Court in Fort Lauderdale is allegedly holding Touizer without bail and has called him a “significant economic danger to the community”, according to reports from Florida. If convicted, Touizer is looking at 14 to years 18 years in federal prison, said reports note, and his arraignment is set for the end of October.

Daniel Joseph Touizer’s Wheat Capital purportedly specializes in the acquisition and development of self-storage buildings on urban infill sites, often in partnership with self-storage real estate investment trust CubeSmart, according to reports from the Fort Lauderdale area.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Daniel Joseph Touizer’s alleged fraud scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Daniel Joseph Touizer’s alleged fraud scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Yukom Lee Elbaz— Alleged Binary Options Fraud

Israeli Binary Options CEO Lee Elbaz Arrested by at JFK International; Elbaz Allegedly Defrauded Investors out of Millions of Dollars

Lee Elbaz, 36 and the CEO of Yukom Communications Ltd., recently boarded a New York-bound plane from Tel Aviv on September 14 and was subsequently arrested by the FBI at JFK International on suspicions of running an alleged binary options fraud scheme, according to reports from New York and the FBI currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Lee Elbaz’s alleged binary options scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Lee Elbaz’s alleged binary options scheme.

The FBI has reportedly accused Elbaz of wire fraud and charged with wire fraud conspiracy, counts which come with a potential maximum 20 years in prison, according to the aforementioned reports.

Elbaz is the CEO of Yukom Communications Ltd., which runs the Bigoption.com and Binarybook.com websites, operations which have allegedly defrauded thousands of investors, including American citizens, out of tens of millions of dollars, said reports note.

Elbaz, as an operator of Eagle Option and Binary Book in Israel, allegedly ran companies illicitly which purportedly targeted clients in the US without having the appropriate license, the reports state.

Binary options is a huge, largely allegedly fraudulent Israel-based industry which has flown under the radar of  Israeli law enforcement for the last ten years, but recently caught the eye of FBI announced in February when it reportedly opened an investigation, the reports note.

Elbaz Released into the Custody of Her Aunt Living in the U.S. after Posting a $1.8 Million Bail; Elbaz Currently under House Arrest until Her Trial and Banned from Binary Options Activity

Lee Elbaz has subsequently  been set free into the custody of her aunt residing in the United States after her relative posted $1.8 million in bail, according to the aforementioned reports being analyzed by attorneys Alan Rosca and James Booker.

Elbaz is under house arrest until the commencement of her trial and is presently banned from taking part in binary options activity or to contact any witnesses, alleged co-conspirators or victims, the reports note. Finally, each of the two charges allegedly facing Elbaz carry up to 20 years in prison, the reports note.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Lee Elbaz’s alleged binary options scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Lee Elbaz’s alleged binary options scheme  may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Louis Blazer— Allegedly Defrauding Athletes, Misappropriation of Funds

Pittsburgh’s Louis Martin Blazer III Allegedly Misappropriated Funds from Athletes while Purportedly Using Said Funds to Invest in Movie Projects and Issue Ponzi-like Payments; Blazer Had Been Barred by the SEC from the Securities Industry in 2016

Louis Blazer, a Pittsburgh, Pennsylvania-based financial who heads Blazer Capital Management, allegedly misappropriated money from the accounts of multiple professional athletes, according to a release from the SEC currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Louis Blazer’s alleged misappropriation of funds are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Louis Blazer’s alleged misappropriation of funds.

Blazer allegedly used said client funds to invest in movie projects and to issue payments in a Ponzi-like fashion, according to the aforementioned SEC release. Blazer then allegedly told lies to SEC examiners who had detected the purportedly unauthorized withdrawals, the release notes. Blazer was also barred by the SEC from the securities industry in 2016, the release notes.

Blazer Ordered by to Make Payments of Nearly $2 Million for Allegedly Defrauding Athletes Such as Greg Little, DeJuan Blair, and Anthony Allen

A final judgement against Louis Blazer has ordered he pay approximately $1.8 million in disgorgement and prejudgement interest and a civil money penalty go $150,000, according to the aforementioned SEC release presently being examined by attorneys Alan Rosca and James Booker.

This is apparently not the first time Blazer has been involves in high-profile cases wherein athletes accused him of alleged wrongdoing, according to a report from TribeLive, a Pittsburgh web site.

Blazer allegedly misappropriated $4 million from a professional football player’s account, according to FINRA records dug up by TribLive.

What is more, Allegheny County court records have shown that New Jersey-based First Choice Bank purportedly sued Blazer in 2013 and 2014 for a series of allegedly unpaid loans the adviser signed for as a guaranty, according to TribLive’s report.

Said loans were in the range from $10,000 to $50,000 and were taken out in 2011 by athletes which included former University of Pittsburgh basketball standout DeJuan Blair, former Cleveland Browns star wide receiver Greg Little and former NFL running back Anthony Allen, said TribLive reports note.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Louis Blazer’s alleged misappropriation of funds. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Louis Blazer’s alleged misappropriation of funds may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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Ernest Romer— Alleged Embezzlement

Ernest J. Romer III, a Michigan Financial Advisor,  Allegedly Embezzled Nearly Half a Million Dollars from Senior Clients; A Warrant Has Been Issued for Romer’s Arrest

Ernest Romer, a 56-year-old financial advisor from Shelby Township, Michigan, allegedly embezzled almost a half million dollars from two senior citizens, according to a recent reports from Michigan currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Ernest Homer’s alleged embezzlement of funds are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Ernest Homer’s alleged embezzlement of funds.

As Romer allegedly embezzled over $100,000 it becomes a possible alleged offense with a penalty of up to 20 years in prison, according to a press release from Macomb County Prosecutor Eric Smith.

What is more, authorities from Michigan purportedly believe that Romer’s transactions were allegedly a piece of a bigger pattern of felonious financial maneuvers which incorporated a group of investors which may have involved up to 20 purported victims, according to the aforementioned reports.

Romer, While Employed at CoreCap Investments LLC, Allegedly Convinced Investors to Put Money into P&R Capital LLC, a Move which CoreCap Allegedly Had No Knowledge

Ernest Romer, while employed at CoreCap Investments LLC, in Sterling Heights, allegedly persuaded investors to put money into P&R Capital LLC, a move of which CoreCap brass claims they were unaware of and had no previous knowledge, according to reports from Michigan presently under review by attorneys Alan Rosca and James Booker.

Romer allegedly transferred the money to his own personal accounts, according to investors in the case, allegedly conducted a series of securities transactions at a big loss and used said money for his own personal spending at Kroger, Meijer, Walmart, Target, Costco, Red Box, gas stations and restaurants, local officials said.

Romer also allegedly made ATM cash withdrawals on said funds and then purportedly transferred some of the money into personal bank accounts co-owned by his children, reports from Michigan note.

Romer was ordered in August to cease and desist from buying and selling in the securities markets by the Michigan Department of Licensing and Regulatory Affairs, an agency which has purportedly intended to revoke Romer’s securities-agent registration, according to reports from Michigan.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Ernest Homer’s alleged embezzlement of funds. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Ernest Homer’s alleged embezzlement of funds may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

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