{"id":3832,"date":"2016-09-29T18:17:49","date_gmt":"2016-09-29T23:17:49","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/?p=3832"},"modified":"2016-09-29T18:17:49","modified_gmt":"2016-09-29T23:17:49","slug":"sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/","title":{"rendered":"SEC Accuses Pennsylvania Broker of $3.2M Securities Fraud Involving 120 Investors"},"content":{"rendered":"<p>\t\t\t\tThe U.S. Securities and Exchange Commission has put out an emergency asset freeze against Peter Kohli, a former broker. According to the regulator, the Pennsylvania resident bilked at least 120 investors when he fraudulently raised over $3.2M from them between 2012 and 2015. The regulator attributes the funds collapse to the ex-broker\u2019s \u201cextreme recklessness.\u201d<\/p>\n<p>At the time, Kohli was CEO and president of DMS Advisors, a dually-registered investment adviser and brokerage firm. He began the DMS Funds series, comprised of four emerging market mutual funds, in 2012. The SEC claims that he overstated the funds&#8217; \u00a0level of sophistication while disregarding the risk that he and DMS Advisors might not be able to cover certain expenses.<\/p>\n<p>The Commission claims\u00a0 that Kohli stole money from investors as the funds became beleaguered and he committed three other frauds to keep his scam going.\u00a0 He also purportedly misappropriated money he solicited to invest in one of the funds and his accused of drawing in two kinds of investments in Marshad Capital Group, which was DMS advisors\u2019 holding company.<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/#more-3832\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission has put out an emergency asset freeze against Peter Kohli, a former broker. According to the regulator, the Pennsylvania resident bilked at least 120 investors when he fraudulently raised over $3.2M from them between 2012 and 2015. The regulator attributes the funds collapse to the ex-broker\u2019s \u201cextreme recklessness.\u201d At [&hellip;]<\/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":[3773,3781,3738,3799,3801,3760],"tags":[3665,3666],"class_list":["post-3832","post","type-post","status-publish","format-standard","hentry","category-broker-fraud","category-investment-advisers","category-investor-fraud","category-mutual-funds","category-sec","category-sec-enforcement","tag-dms-advisors","tag-dms-funds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEC Accuses Pennsylvania Broker of $3.2M Securities Fraud Involving 120 Investors &#8212; Investor Lawyers Blog &#8212; September 29, 2016<\/title>\n<meta name=\"description\" content=\"The U.S. Securities and Exchange Commission has put out an emergency asset freeze against Peter Kohli, a former broker. According to the regulator, the &#8212; September 29, 2016\" \/>\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\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEC Accuses Pennsylvania Broker of $3.2M Securities Fraud Involving 120 Investors &#8212; Investor Lawyers Blog &#8212; September 29, 2016\" \/>\n<meta name=\"twitter:description\" content=\"The U.S. Securities and Exchange Commission has put out an emergency asset freeze against Peter Kohli, a former broker. According to the regulator, the &#8212; September 29, 2016\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SEC Accuses Pennsylvania Broker of $3.2M Securities Fraud Involving 120 Investors &#8212; Investor Lawyers Blog &#8212; September 29, 2016","description":"The U.S. Securities and Exchange Commission has put out an emergency asset freeze against Peter Kohli, a former broker. According to the regulator, the &#8212; September 29, 2016","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\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/","twitter_card":"summary_large_image","twitter_title":"SEC Accuses Pennsylvania Broker of $3.2M Securities Fraud Involving 120 Investors &#8212; Investor Lawyers Blog &#8212; September 29, 2016","twitter_description":"The U.S. Securities and Exchange Commission has put out an emergency asset freeze against Peter Kohli, a former broker. According to the regulator, the &#8212; September 29, 2016","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"SEC Accuses Pennsylvania Broker of $3.2M Securities Fraud Involving 120 Investors","datePublished":"2016-09-29T23:17:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/"},"wordCount":350,"keywords":["DMS Advisors","DMS Funds"],"articleSection":["Broker Fraud","Investment Advisers","Investor Fraud","Mutual Funds","SEC","SEC Enforcement"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/","url":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/","name":"SEC Accuses Pennsylvania Broker of $3.2M Securities Fraud Involving 120 Investors &#8212; Investor Lawyers Blog &#8212; September 29, 2016","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2016-09-29T23:17:49+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"The U.S. Securities and Exchange Commission has put out an emergency asset freeze against Peter Kohli, a former broker. According to the regulator, the &#8212; September 29, 2016","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/sec-accuses-pennsylvania-broker-3-2m-securities-fraud-involving-120-investors\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SEC Accuses Pennsylvania Broker of $3.2M Securities Fraud Involving 120 Investors"}]},{"@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 &amp; 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 &amp; 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 &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-ZO","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/3832","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=3832"}],"version-history":[{"count":0,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/3832\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=3832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=3832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=3832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}