Michael DeRosa Barred from Securities Industry in Connection with Success Trade Note Sales

Michael Andrew DeRosa, an investment professional, has been permanently barred from the securities industry by the regulators for his alleged participation in the sale of promissory notes issued by Success Trade Securities. Michael DeRosa’s case is related to an earlier regulatory case currently pending against Success Trade Securities and its CEO, Fuad Ahmed, arising out of their alleged… Read more »

Fleet Mutual Wealth, MWF Operating Pyramid Scheme, Regulators Charge

Fleet Mutual Wealth Limited and MWF Financial Limited (collectively known as Mutual Wealth) operate an emerging, fraudulent pyramid scheme masquerading as an international investment firm, according to a complaint filed by the Securities and Exchange Commission. Through its website, social media accounts, and numerous promoters, Mutual Wealth has made and continues to make numerous fraudulent… Read more »