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From U.S. Securities and Exchange Commision. Original Press Release found here. On June 11, 2020, the U.S. District Court for the District of Massachusetts entered final judgments against two relief defendants, Brad and Brian Herman, in connection with the SEC’s civil action against Massachusetts-based investment adviser Gregg Caplitz and his former advisory firm. These judgments conclude the […]

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From U.S. Securities and Exchange Commision. Original Press Release found here. On June 10, 2020, the U.S. District Court of the Southern District of Florida entered a final judgment against relief defendant Rhoda Burkholz of Boca Raton, Florida, who has agreed to pay over $250,000 to resolve the SEC’s action against her for allegedly receiving proceeds from […]

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From U.S. Securities and Exchange Commision. Original Press Release found here. The Securities and Exchange Commission announced that on June 3, 2020 the United States District Court for the Central District of California entered a preliminary injunction and orders freezing assets and imposing other relief against California-registered investment adviser Paul Horton Smith, Sr. and his entities in […]

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From U.S. Securities and Exchange Commision. Original Press Release found here. On May 20, 2020, the U.S. District Court for the Southern District of Indiana entered a final judgment against Steele Financial, Inc., an Indianapolis-based investment advisory firm, and its sole owner, Tamara Steele. In a separate administrative proceeding, the SEC also barred Steele from the securities […]

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From U.S. Securities and Exchange Commision. Original Press Release found here. The Securities and Exchange Commission today filed fraud charges against Florida-based investment adviser TCA Fund Management Group Corp. (TCA) and its affiliate, TCA Global Credit Fund GP, Ltd. (TCA-GP), for an alleged fraudulent scheme conducted by TCA to inflate asset values and performance returns of funds […]

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From U.S. Department of Justice, U.S. Attorneys Office, Southern District of New York. Original Press Release found here. Wednesday February 5, 2020 Geoffrey S. Berman, United States Attorney for the Southern District of New York, announced that ELIAS HERBERT HAFEN, a former financial adviser at two investment banks with offices in New York, New York, […]

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From U.S. Department of Justice, U.S. Attorneys Office, Middle District of Pennsylvania. Original Press Release found here. SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Anthony Diaz, age 52, formerly of East Stroudsburg, Pennsylvania, was convicted on January 30, 2020 following a jury trial, of wire fraud and […]

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From U.S. Department of Justice, U.S. Attorneys Office, Eastern District of New York. Original Press Release found here. Defendant Defrauded Dozens of Elderly Investors of Over $13 Million Earlier today, in federal court in Central Islip, Steven Pagartanis was sentenced by United States District Judge Joan M. Azrack to 170 months’ imprisonment and ordered to […]

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From U.S. Department of Justice, U.S. Attorneys Office, Northern District of Indiana. Original Press Release found here. HAMMOND- Richard E. Gearhart, 69, of St. John, Indiana has tendered his plea of guilty to conspiracy to commit securities fraud, announced U.S. Attorney Kirsch. “Fraud schemes targeting the elderly, among the most vulnerable of victims, are particularly […]

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From U.S. Department of Justice, U.S. Attorneys Office, Western District of Tennessee. Original Press Release found here. Memphis, TN – Stephen Douglas Fry, 72, a Memphis-area financial advisor, pled guilty to a three-count information charging him with mail and wire fraud and interstate transportation of monies taken by fraud, U.S. Attorney D. Michael Dunavant for the […]

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