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SEC Charges Former Merrill Lynch Registered Representative with Defrauding Investors

The Securities and Exchange Commission has charged Phillip Conley, a West Virginia-based former registered representative, with conducting fraudulent securities offerings in which he raised...

SEC Charges Three Former RIA Employees with Attempting to Thwart Ponzi...

The Securities and Exchange Commission has charged three individuals who, while working for investment adviser Stephen C. Peters, falsified and withheld documents that were...

Former Woodbridge Broker Indicted for Alleged $9 Million Fraud on Elderly

The Texas State Securities Board announced that Brett Pittsenbargar, an Austin-based insurance agent who allegedly sold $9.3 million in fraudulent investments, is facing first-degree...

FINRA Bars Another Broker for Selling Woodbridge Ponzi Promissory Notes

The Financial Industry Regulatory Authority has barred Jeffrey Scott Nimmow for selling nearly $3.4 million in Woodbridge promissory notes to investors. In January 2019, a...

Former Ameriprise Financial Advisor Sentenced for Running $8.2 Million Ponzi Scheme

Li Lin Hsu, a former Ameriprise financial advisor who ran an $8.2 million Ponzi scheme that defrauded 20 of her clients, including some of...

SEC Bars Five Over Woodbridge Ponzi Scheme

The Securities and Exchange Commission has barred Charles N. Nilosek of Position Benefits, Jeffrey L. Wende of Wendel Financial Network, Aaron A. Andrew of...

SEC Charges Former Broker with Defrauding Retail Investors

The Securities and Exchange Commission has charged Edward Matthes, a former Wisconsin-based registered representative and investment adviser, with defrauding 26 of his mostly elderly...

SEC Bars Longtime Broker Who Pled Guilty to Defrauding Retail Investors

The Securities and Exchange Commission has barred a Connecticut investment adviser after he pleaded guilty last month to one count of wire fraud for...

SEC Bars Former Dawn Bennett Associate for Role in $20 Million...

The Securities and Exchange Commission has barred Bradley Mascho, the onetime chief financial officer of Dawn Bennett’s DJB Holdings LLC, after he pled guilty...

SEC Charges Longtime Broker with Defrauding Retail Investors

The Securities and Exchange Commission has charged a Connecticut investment adviser with allegedly misappropriating $560,000 from his advisory clients by selling fictitious financial products...