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SEC Charges New York Man with Defrauding Police and Firefighters in...

The Securities and Exchange Commission has charged Gregory Altieri of Melville, New York with allegedly operating a Ponzi-like scheme that defrauded current and retired...

SEC Bars Adviser for Recommending Clients Invest $3 Million in Ponzi...

The Securities and Exchange Commission has barred adviser Craig Rumbaugh for recommending that eight of his clients invest more than $3 million in a...

Feds Arrest Alleged Ponzi Schemer Who Fled in Underwater Submersible Device

Federal agents have arrested unregistered investment adviser, Matthew Piercey, creator of investment companies Family Wealth Legacy and Zolla, who was charged with running a...

SEC Charges Fugitive Atlanta Adviser with Fraudulent Securities Offering

The Securities and Exchange Commission has charged Atlanta-based investment adviser and radio show host Christopher Burns with defrauding investors and misappropriating investor funds. Earlier this...

FBI Seeks Help Locating Fugitive Wealth Advisor

The Federal Bureau of Investigation and the U.S. Attorney’s Office Northern District of Georgia are seeking the public’s help in locating Atlanta-based financial advisor...

SEC Obtains Final Judgment Against California Adviser Who Defrauded Senior Citizens

The Securities and Exchange Commission obtained a final judgment against California-registered investment adviser representative Paul Horton Smith Sr., his companies Northstar Communications, LLC and...

SEC Charges Unlicensed Adviser with Orchestrating $3 Million Offering Fraud

The Securities and Exchange Commission has charged Alexander Rowland with the fraudulent offer and sale of nearly $3 million of securities to approximately 122...

SEC Charges Former Broker with $4 Million Offering Fraud

The Securities and Exchange Commission has charged former broker and New York City resident Craig A. Zabala for defrauding investors in his company, Concorde...

SEC Files Fraud Charges Against Co-Founder of IIG

The Securities and Exchange Commission has charged David Hu, the co-founder and chief investment officer of International Investment Group LLC (IIG), a former registered investment...

FINRA Fines Cadaret Grant $200,000 Over Rep’s Alleged Ponzi Scheme

Financial Industry Regulatory Authority has issued a $200,000 fine against Cadaret, Grant & Co. Inc., alleging that the broker-dealer failed to supervise one of...