{"id":1582,"date":"2015-01-21T20:18:35","date_gmt":"2015-01-21T20:18:35","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2015\/01\/investment_adviser_fraud_cases"},"modified":"2022-03-11T13:41:00","modified_gmt":"2022-03-11T19:41:00","slug":"investment-adviser-fraud-cases","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/","title":{"rendered":"Investment Adviser Fraud Cases Lead to Civil Charges, Criminal Convictions, and Investor Losses"},"content":{"rendered":"

\t\t\t\tSEC Accuses Elm Tree Investment Advisors, its Founder, of $17M Securities Fraud <\/strong><\/p>\n

The Securities and Exchange Commission has filed fraud charges against Elm Tree Investment Advisors LLC and its founder Frederic Elm for running a Florida-based securities scam<\/a> that raised over $17 million in a little over a year. The regulator contends that Elm, his firm, and the funds Elm Tree Motion Opportunity LP, Elm Tree “e”Conomy Fund LP, and Elm Tree Investment Fund LP misled investors and used the bulk of the funds to issue Ponzi-like payments. Elm also is accused of using the money to purchase expensive homes, jewelry, and autos, as well as cover his daily living expenses. <\/p>\n

According to the SEC, Elm, his unregistered advisory firm, and the three funds violated the regulator’s anti-fraud rules as well as federal securities laws. The Commission wants relief for investors as well as the restoration of the purportedly ill-gotten gains and financial penalties. <\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

SEC Accuses Elm Tree Investment Advisors, its Founder, of $17M Securities Fraud The Securities and Exchange Commission has filed fraud charges against Elm Tree Investment Advisors LLC and its founder Frederic Elm for running a Florida-based securities scam that raised over $17 million in a little over a year. The regulator contends that Elm, his […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3742,4023,3781,3792,3760,3741],"tags":[],"class_list":["post-1582","post","type-post","status-publish","format-standard","hentry","category-collateralized-debt-obligation","category-exchange-traded-funds","category-investment-advisers","category-ponzi-scams","category-sec-enforcement","category-securities-fraud"],"yoast_head":"\nInvestment Adviser Fraud Cases Lead to Civil Charges, Criminal Convictions, and Investor Losses — Investor Lawyers Blog — January 21, 2015<\/title>\n<meta name=\"description\" content=\"SEC Accuses Elm Tree Investment Advisors, its Founder, of $17M Securities Fraud The Securities and Exchange Commission has filed fraud charges against Elm — January 21, 2015\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Investment Adviser Fraud Cases Lead to Civil Charges, Criminal Convictions, and Investor Losses — Investor Lawyers Blog — January 21, 2015\" \/>\n<meta name=\"twitter:description\" content=\"SEC Accuses Elm Tree Investment Advisors, its Founder, of $17M Securities Fraud The Securities and Exchange Commission has filed fraud charges against Elm — January 21, 2015\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Investment Adviser Fraud Cases Lead to Civil Charges, Criminal Convictions, and Investor Losses — Investor Lawyers Blog — January 21, 2015","description":"SEC Accuses Elm Tree Investment Advisors, its Founder, of $17M Securities Fraud The Securities and Exchange Commission has filed fraud charges against Elm — January 21, 2015","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/","twitter_card":"summary_large_image","twitter_title":"Investment Adviser Fraud Cases Lead to Civil Charges, Criminal Convictions, and Investor Losses — Investor Lawyers Blog — January 21, 2015","twitter_description":"SEC Accuses Elm Tree Investment Advisors, its Founder, of $17M Securities Fraud The Securities and Exchange Commission has filed fraud charges against Elm — January 21, 2015","twitter_misc":{"Written by":"Shepherd Smith Edwards & Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/"},"author":{"name":"Shepherd Smith Edwards & Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Investment Adviser Fraud Cases Lead to Civil Charges, Criminal Convictions, and Investor Losses","datePublished":"2015-01-21T20:18:35+00:00","dateModified":"2022-03-11T19:41:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/"},"wordCount":601,"articleSection":["Collateralized Debt Obligations","Exchange Traded Funds","Investment Advisers","Ponzi Scams","SEC Enforcement","Securities Fraud"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/","url":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/","name":"Investment Adviser Fraud Cases Lead to Civil Charges, Criminal Convictions, and Investor Losses — Investor Lawyers Blog — January 21, 2015","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2015-01-21T20:18:35+00:00","dateModified":"2022-03-11T19:41:00+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"SEC Accuses Elm Tree Investment Advisors, its Founder, of $17M Securities Fraud The Securities and Exchange Commission has filed fraud charges against Elm — January 21, 2015","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/investment-adviser-fraud-cases\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Investment Adviser Fraud Cases Lead to Civil Charges, Criminal Convictions, and Investor Losses"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards & Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards & Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards & Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-pw","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/1582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=1582"}],"version-history":[{"count":8,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/1582\/revisions"}],"predecessor-version":[{"id":24683,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/1582\/revisions\/24683"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=1582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=1582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=1582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}