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SEC Charges Brokerage Assistant with Stealing Funds from Elderly Clients

The Securities and Exchange Commission has charged Kimberly Sredich, a former sales assistant at Worklife Wealth Management Inc., with misappropriating approximately $340,000 from the...

FINRA Suspends Former LPL Broker for Soliciting Investors for Unauthorized Variable...

The Financial Industry Regulatory Authority has suspended and fined a former LPL Financial broker for soliciting investors to purchase an unauthorized variable life insurance...

SEC Charges Investment Adviser with Stealing Millions from Private Fund

The Securities and Exchange Commission has revoked the registration of a Seattle-based registered investment adviser and barred its principal from the securities industry for...

SEC Bars Former Questar Rep Serving Time for 15-Year Ponzi Scheme

The Securities and Exchange Commission has barred a former Questar Capital registered representative currently serving 11 years in prison for his role in perpetrating...

SEC Charges Private Placement Sponsor with Overcharging Fees in Alleged Multi-Year...

The Securities and Exchange Commission has charged registered investment adviser Direct Lending Investments LLC with a multi-year fraud that resulted in approximately $11 million...

SEC Bars Former Morgan Stanley Broker Jailed for Securities Fraud

The Securities and Exchange Commission has barred former Morgan Stanley broker Michael Scronic for his role in running a Ponzi-like scheme and raising money...

SEC Halts Alleged Alternative Investment Scheme Targeting Retail Investors

The Securities and Exchange Commission announced fraud charges and an asset freeze against the operators of a South Florida-based investment fund, one of whom...

SEC Bars Former Securities America Broker for Running $8 Million Ponzi...

The Securities and Exchange Commission has barred former Securities America broker Hector May for running a $7.9 million Ponzi scheme with his daughter who...

SEC Sues Orange County Investment Adviser for Defrauding Clients

The Securities and Exchange Commission has charged a Laguna Niguel, California investment adviser with allegedly misappropriating client funds and misleading his clients about how...

UDF Files Brief to Oppose Kyle Bass and Hayman Capital Appeal

United Development Funding filed an appellate brief in the Texas Judicial Branch Fifth Court of Appeals in the matter of J. Kyle Bass, et....