GCA Ponzi Scheme Promoted by Investment Professional Who Recruited Investors
Duncan MacDonald and Gloria Solomon, organizers of the Global Corporate Alliance alleged Ponzi scheme, were assisted by an investment professional who helped recruit investors for the scheme, according to investigation by attorneys Jason Kane and Joe Peiffer.
MacDonald and Solomon were sued earlier this year by the Securities and Exchange Commission and by the US Attorney’s office and accused of orchestrating a fraudulent investment scheme that victimized over 80 investors nationwide.
Securities attorneys Jason Kane and Joe Peiffer have been investigating the GCA alleged Ponzi scheme and its promoters, Duncan MacDonald and Gloria Solomon, since July, 2013. They recently discovered evidence indicating that a significant number of investors were recruited to the Global Corporate Alliance scheme by an investment professional.
The investment professional was accused of pocketing over $100,000 in commissions for referring investors to the GCA program. The investors likely lost their money as the GCA program was exposed to be an allegedly fraudulent scheme.
Attorneys Jason Kane and Joe Peiffer are preparing to take action on behalf of victimized GCA investors. Investors in Duncan MacDonald and Gloria Solomon‘s program are encouraged to contact attorneys Jason Kane or Joe Peiffer for a free, no-obligation evaluation of their recovery options, at 585-310-5140.