Bryan Lee Addington—Investment Fraud Scheme
Bryan Lee Addington, of Ethel, Louisiana, Allegedly Stole up to $9.5 Million in an Investment Fraud Scheme
Have you or a loved one lost money investing in Bryan Lee Addington’s alleged investment fraud scheme?
Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Bryan Lee Addington’s alleged investment fraud scheme and are preparing to take action on behalf of victimized investors.
Investors who believe they may have lost money in activity related to Bryan Lee Addington’s alleged investment fraud scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.
Bryan Lee Addington, 55, and of Ethel, Louisiana, allegedly stole up to $9.5 million as part of an investment fraud scheme, according to recent Reports from U.S. District Court Reports currently under review by attorneys Alan Rosca and James Booker.
Bryan Lee Addington, an East Feliciana Parish man, also purportedly pled guilty to mail fraud and aggravated identity theft before Senior U.S. District Judge James J. Brady, according to Reports from Louisiana.
The Peiffer Rosca Wolf securities lawyers are currently investigating Bryan Lee Addington’s alleged investment fraud scheme.
Bryan Lee Addington Allegedly Did not Invest Funds as Promised and Subsequently Sent False Account Statements Sent from Phony P.O. Boxes; Addington Allegedly Paid Some Investor Victims from Funds from Other Investor Victims
Bryan Lee Addington, from about January of 2010 through April 2016, allegedly ran an investment scheme wherein he allegedly solicited money from clients but failed to invest the funds as promised to clients, according to the aforementioned U.S. District Court Reports currently under review by attorneys Alan Rosca and James Booker.
The court records add that Addington allegedly defrauded victim investors via materially false and fraudulent pretenses, promises, and representations, and also purportedly sent clients false account statements which were quite often addressed from phony post office boxes, said Court Documents note.
What is more, Addington also allegedly made payments to victims, but the distributions were often purportedly paid with cash that actually belonged to other victim investors, the Court Reports note.
Finally, Addington also allegedly admitted to forging his associate’s signature to help bolster his fraud scheme, Court Reports note.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud, and are currently investigating Bryan Lee Addington’s alleged investment fraud scheme while preparing to take action on behalf of victimized investors. 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 Bryan Lee Addington’s alleged investment fraud scheme may 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 or via e-mail at firstname.lastname@example.org or email@example.com.