{"id":28462,"date":"2022-08-09T09:00:50","date_gmt":"2022-08-09T14:00:50","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=28462"},"modified":"2022-08-25T10:28:52","modified_gmt":"2022-08-25T15:28:52","slug":"ni-advisors-gwg-l-bond-losses-2","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/","title":{"rendered":"Investors Who Worked with NI Advisors Broker Shirley Ank Wong, also of AK Advisors in Daly City, CA, Suffer GWG L Bond Losses"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Elderly couple alleges unsuitability and concentration in risky speculative junk bonds\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Two San Francisco retirees have filed a $500k Financial Industry Regulatory Authority (FINRA) case against NI Advisors, its President Sui-hock Goy, and <\/span><a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/4869184\"><span style=\"font-weight: 400;\">broker Shirley Ank Wong<\/span><\/a><span style=\"font-weight: 400;\">. Broker Ank Wong also operates locally as AK Advisors in Daly City, CA. The investors contend they were unsuitably recommended L bonds despite wanting safe, secure investments for their retirement money.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These elderly customers are accusing Wong of using their shared cultural affinity to market these illiquid high-yield bonds to them.\u00a0 She then allegedly proceeded to concentrate $200k of their money in GWG L bonds while earning high commissions in the process.<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/\"  title=\"Continue Reading Investors Who Worked with NI Advisors Broker Shirley Ank Wong, also of AK Advisors in Daly City, CA, Suffer GWG L Bond Losses\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Elderly couple alleges unsuitability and concentration in risky speculative junk bonds\u00a0 Two San Francisco retirees have filed a $500k Financial Industry Regulatory Authority (FINRA) case against NI Advisors, its President Sui-hock Goy, and broker Shirley Ank Wong. Broker Ank Wong also operates locally as AK Advisors in Daly City, CA. The investors contend they were [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":28463,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4693],"tags":[4696,4729],"class_list":["post-28462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-gwg-holdings","tag-gwg-l-bonds","tag-ni-advisors"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NI Advisors brokers unsuitably sold GWG L bonds to investors<\/title>\n<meta name=\"description\" content=\"NI Advisors brokers Sui-hock Goy and Shirley Ank Wong unsuitably sold investors GWG L bonds resulting in significant losses. 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Learn more.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/08\/31922762107_3f9441583d_w-1.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Investors Who Worked with NI Advisors Broker Shirley Ank Wong, also of AK Advisors in Daly City, CA, Suffer GWG L Bond Losses","datePublished":"2022-08-09T14:00:50+00:00","dateModified":"2022-08-25T15:28:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/"},"wordCount":643,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/08\/31922762107_3f9441583d_w-1.jpg","keywords":["GWG L Bonds","NI Advisors"],"articleSection":["Current Investigations","GWG Holdings"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/","url":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/","name":"NI Advisors brokers unsuitably sold GWG L bonds to investors","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/ni-advisors-gwg-l-bond-losses-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/08\/31922762107_3f9441583d_w-1.jpg","datePublished":"2022-08-09T14:00:50+00:00","dateModified":"2022-08-25T15:28:52+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"NI Advisors brokers Sui-hock Goy and Shirley Ank Wong unsuitably sold investors GWG L bonds resulting in significant losses. 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