Ash Narayan– Multi-million Dollar Fraud Scheme

Ponzi scheme attorneysAsh Narayan Allegedly Operated a Multi-million Dollar Fraud Scheme Wherein He Purportedly Directed Clients into High-risk Investments in Ticket Reserve Inc. (TTR)

Ash Narayan allegedly operated a multi-million dollar fraud scheme wherein he purportedly directed clients into high-risk investments in Ticket Reserve Inc. (TTR), according to a Complaint from the SEC’s U.S. District Court (Northern District of Texas) currently under review by attorneys Alan Rosca and James Booker.

Ash Narayan, in addition to engaging in the TTR scheme, allegedly and knowingly or recklessly lied to his clients about his qualifications, the SEC reports. Narayan also allegedly proclaimed himself to be a Certified Public Accountant (CPA), but in reality never has been a CPA, the aforementioned Complaint reports.

The Peiffer Rosca Wolf securities lawyers are currently investigating Ash Narayan’s alleged multi-million dollar fraud scheme.

Ash Narayan Allegedly Attempted to Conceal the Aforementioned Scheme by Making Fraudulent Documents and Making Ponzi-like Payments in Order to Hide TTR’s Huge Losses from Narayan’s Clients

Ash Narayan allegedly attempted to conceal the aforementioned scheme by creating fraudulent documents, some purportedly backdated, and by making Ponzi-like payments in order to hide TTR’s huge losses from Narayan’s clients, according to the aforementioned Complaint currently under review by attorneys Alan Rosca and James Booker.

Ash Narayan, who was employed as an investment adviser representative and Managing Partner in the California office of Dallas-based RGT Capital Management, Ltd., invested over $33 mi11ion of his advisory clients’ assets in TTR, said Complaint notes.

Ash Narayan allegedly performed said actions regularly and without the knowledge of consent from clients, and sometimes using forged or copied signatures, the Complaint reports. Narayan, the Complaint further alleges, did not tell his clients key information that he knew about TTR, including that TTR was allegedly financially distressed.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud schemes and Ponzi schemes, and are currently investigating Ash Narayan’s alleged investment fraud scheme.  They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Ash Narayan’s alleged investment fraud scheme are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1159 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.