Atlanta Investment Professional Charged with Fraud
Atlanta stockbroker Blake Richards has been charged with fraud. Securities attorneys Jason Kane and Joe Peiffer are investigating Blake Richards on behalf of investors.
Buford, Georgia investment advisor Blake Richards has been charged by federal securities regulators with fraud and misappropriation of customer funds.
Investigation by securities lawyers Jason Kane and Joe Peiffer has established that, since at least 2008, Richards was a licensed investment professional, under the supervision of a nationwide securities broker-dealer firm.
Richards misappropriated over $2 million from his victims, according to documents filed by the securities industry regulators and reviewed by attorneys Kane and Peiffer.
To perpetrate his alleged fraud, Richard instructed his victims to pay money to businesses he controlled, according to the regulators’ charges. Richard assured his investors he would invest their money in fixed income assets, variable annuities, and common stock.
In reality, Richards misappropriated his customers’ money and used it to pay for his personal expenses, according to the regulators.
Securities attorneys Jason Kane and Joe Peiffer are preparing to take action and seek compensation on behalf of investors. Blake Richards victims may contact attorneys Kane or Peiffer for a free evaluation of their recovery options at 585-310-5140.