Daniel Glick— Investment Fraud
Daniel H. Glick Allegedly Ran a Multi-million Dollar Scam Purportedly Targeting the Elderly; Glick Allegedly Made Claims that He would Invest, Take care of Taxes, and Pay Bills on Behalf of His Senior Clients
Daniel Glick allegedly ran a multi-million dollar scam which allegedly preyed on elderly investors, according to SEC Documents currently under review by attorneys Alan Rosca and James Booker.
Peiffer Rosca Wolf securities practice lawyers are investigating investment recovery options on behalf of investors in issues related to Daniel Glick’s alleged investment fraud.
Investors who believe they may have lost money in activity related to Daniel Glick’s alleged investment fraud are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.
Daniel Glick, a Chicago-based investment advisor, allegedly made claims to elderly investors that he would pay their bills, take care of their taxes, and invest on their behalf, according to said SEC Documents.
Daniel Glick and his unregistered investment advisory firm Financial Management Strategies (FMS) allegedly gave clients false account statements in order to conceal Glick’s use of client funds to pay personal and business expenses which included luxury autos and debt repayment, the SEC reports.
The Peiffer Rosca Wolf securities lawyers are currently investigating Daniel Glick’s alleged investment fraud.
Daniel Glick Facing an Emergency SEC Asset Freeze and a Temporary Restraining Order; Glick Barred by FINRA in 2014 and Had His CFP and CPA Revoked for Unrelated Charges
Daniel Glick, who was barred by FINRA in 2014 and had his CFP and CPA revoked for charges unrelated, is now looking at an emergency SEC asset freeze and a temporary restraining order, according to the aforementioned SEC Documents currently under review by attorneys Alan Rosca and James Booker.
An SEC Complaint also makes mention of Glick Accounting Services, Glick’s business partner David B. Slagter, and Glick’s business acquaintance Edward H. Forte as so-called relief defendants for the purposes of recovering client funds and that Glick allegedly made transfers or paid them with advances or loans, according to SEC Reports.
The court, at the SEC’s request, allegedly issued a temporary restraining order not only against Glick and FMS and also issued an order which would freeze the assets of Glick, FMS, and Glick Accounting Services, SEC Reports note.
The SEC Report also encourages investors to check the background of advisers offering to sell them investments.
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 Daniel Glick’s alleged investment fraud. 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 Daniel Glick’s alleged investment fraud 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 email@example.com or firstname.lastname@example.org.