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.

Peiffer Wolf (1300 Posts)

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.