Brokers also have a duty to ensure that an investment is legitimate and not part of a Ponzi scam or another type of fraud. Unfortunately, many investment losses happen because a registered representative made an unsuitable recommendation or left out ...

Nelson Partners owner Patrick Nelson is accused of allegedly running a Ponzi-like scam and using proceeds from the 2019 deal to invest in other ventures while turning a profit. Besides that, hedge fund Axonic Capital, which provided millions to help ...

Bennett, also of Bennett Group Financial, allegedly ran a $20M Ponzi Scam. She was sentenced to 20 years in prison in 2019.

Madoff Investment Securities: Bernie Madoff’s hedge fund was essentially a $65B Ponzi scheme that went on for years until 2008. His scam defrauded thousands of investors, from the rich and famous to many others. Madoff was eventually convicted and sent ...

At that time, the stock market in the United States was not federally regulated and, as a result, many scams had been perpetrated on the investing public. In response, Congress passed the Exchange Act with the intention of protecting investors ...

In her six-figure investor lawsuit, she is accusing the brokerage firm of self-dealing and making unsuitable investment recommendations in this alternative asset firm that is now accused of running a more than $1.6B Ponzi scam. The Claimant is looking at ...

Yet their Centaurus broker unsuitably recommended and sold them these high-risk junk bonds from GWG Holdings , which is now accused of running a more than $1.6B Ponzi scam. Continue Reading ›

Shepherd Smith Edwards and Kantas Continues To Represent Investors Who Suffered Losses as a result of Andrew Jacobus Andrew Hamilton Jacobus (Jacobus), the ex-Florida investment adviser who pleaded guilty to running a $94M Ponzi-style scam , was sentenced to 20 ...

If Your Broker Involved You In This Type of Investment Scheme, You May Be Able To Sue For Damages Shepherd Smith Edwards and Kantas Ponzi Scam Attorneys ( investorlawyers.com ) represents those who have suffered losses because of broker fraud ...

They are accusing him of running a more than $60M Ponzi scam that may have defrauded over 300 investors. Also purportedly involved in the alleged scam are Yield Capital Management and Yield Wealth Limited, which are both affiliated with Regan.