{"id":4730,"date":"2016-08-31T00:00:00","date_gmt":"2016-08-31T05:00:00","guid":{"rendered":"https:\/\/stockbrokerfraudblog.blawgcloud.com\/2016\/08\/logos_wealth_financial_adviser"},"modified":"2022-04-04T12:48:04","modified_gmt":"2022-04-04T17:48:04","slug":"logos-wealth-financial-adviser","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/logos-wealth-financial-adviser\/","title":{"rendered":"Logos Wealth Financial Advisers is Accused of Fraudulently Raising Over $14M from Investors"},"content":{"rendered":"<p>Paul Mata, the founder of Logos Wealth Advisors, has been barred by the U.S. Securities and Exchange Commission. Mata and fund manage David Kayatta, whom the SEC has also barred, are accused of fraudulently raising over $14M in investor funds.<\/p>\n<p>Mata drew in investors through investment seminars and online videos that came with the promise of \u201cIndestructible Wealth.\u201d During presentations to church groups, he touted \u201cFinances God\u2019s Way.\u201d<\/p>\n<p>Kayatta was the manager of two unregistered investment funds while at Logos Wealth Advisors. According to the Commission, beginning in 2008, the two men raised this money from over 100 investors in the unregistered funds. Kayatta and Mata promised guaranteed returns, did not make any disciplinary history known, and misused investor money.<\/p>\n<p>In the order against him, the SEC said that Kayatta was responsible for the misleading and false statements in private placement memoranda for the Funds. According to <em>InvestmentNews<\/em>, in 2010, Kayatta was ordered by the state of Nevada to cease-and-desist from pursuing investors in unregistered securities and taking part in investment advisory conduct without the proper licensing.<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/logos-wealth-financial-adviser\/#more-4730\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paul Mata, the founder of Logos Wealth Advisors, has been barred by the U.S. Securities and Exchange Commission. Mata and fund manage David Kayatta, whom the SEC has also barred, are accused of fraudulently raising over $14M in investor funds. Mata drew in investors through investment seminars and online videos that came with the promise [&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":[3781,3760,3741],"tags":[],"class_list":["post-4730","post","type-post","status-publish","format-standard","hentry","category-investment-advisers","category-sec-enforcement","category-securities-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Logos Wealth Financial Advisers is Accused of Fraudulently Raising Over $14M from Investors &#8212; Investor Lawyers Blog &#8212; August 31, 2016<\/title>\n<meta name=\"description\" content=\"Paul Mata, the founder of Logos Wealth Advisors, has been barred by the U.S. Securities and Exchange Commission. Mata and fund manage David Kayatta, whom &#8212; August 31, 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\/logos-wealth-financial-adviser\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Logos Wealth Financial Advisers is Accused of Fraudulently Raising Over $14M from Investors &#8212; Investor Lawyers Blog &#8212; August 31, 2016\" \/>\n<meta name=\"twitter:description\" content=\"Paul Mata, the founder of Logos Wealth Advisors, has been barred by the U.S. Securities and Exchange Commission. Mata and fund manage David Kayatta, whom &#8212; August 31, 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":"Logos Wealth Financial Advisers is Accused of Fraudulently Raising Over $14M from Investors &#8212; Investor Lawyers Blog &#8212; August 31, 2016","description":"Paul Mata, the founder of Logos Wealth Advisors, has been barred by the U.S. Securities and Exchange Commission. Mata and fund manage David Kayatta, whom &#8212; August 31, 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\/logos-wealth-financial-adviser\/","twitter_card":"summary_large_image","twitter_title":"Logos Wealth Financial Advisers is Accused of Fraudulently Raising Over $14M from Investors &#8212; Investor Lawyers Blog &#8212; August 31, 2016","twitter_description":"Paul Mata, the founder of Logos Wealth Advisors, has been barred by the U.S. Securities and Exchange Commission. Mata and fund manage David Kayatta, whom &#8212; August 31, 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\/logos-wealth-financial-adviser\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/logos-wealth-financial-adviser\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Logos Wealth Financial Advisers is Accused of Fraudulently Raising Over $14M from Investors","datePublished":"2016-08-31T05:00:00+00:00","dateModified":"2022-04-04T17:48:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/logos-wealth-financial-adviser\/"},"wordCount":336,"articleSection":["Investment Advisers","SEC Enforcement","Securities Fraud"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/logos-wealth-financial-adviser\/","url":"https:\/\/www.investorlawyers.com\/blog\/logos-wealth-financial-adviser\/","name":"Logos Wealth Financial Advisers is Accused of Fraudulently Raising Over $14M from Investors &#8212; Investor Lawyers Blog &#8212; August 31, 2016","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2016-08-31T05:00:00+00:00","dateModified":"2022-04-04T17:48:04+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Paul Mata, the founder of Logos Wealth Advisors, has been barred by the U.S. Securities and Exchange Commission. 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