Geoffrey W. Nehrenz Investigated by the Peiffer Wolf Carr & Kane Investment Recovery Lawyers
Did you invest your money with Geoffrey W. Nehrenz, or his Keystone Capital Management, LLC (KCM)? The Peiffer Wolf Carr & Kane investment recovery lawyers are currently investigating Geoffrey W. Nehrenz, 36, and of Uniontown, Ohio, who is currently being accused of allegedly defrauding investors in Keystone out of $5.5m, according to documents from the United States Attorney for the Northern District of Ohio.
The Peiffer Wolf Carr & Kane investment recovery lawyers have reviewed US Attorney documents showing that Nehrenz faces one count of alleged securities fraud, three counts of alleged wire fraud, one count of alleged mail fraud, one count of alleged fraud by an investment advisor, and two counts of alleged money laundering.
The Peiffer Wolf Carr & Kane lawyers are currently evaluating certain potential recovery options and are preparing to take action on behalf of victimized investors. Investors may contact the investment rights attorneys at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.
Nehrenz’s Keystone Capital Management, LLC Allegedly Not Registered with SEC
From October 2009 and September 2013, Nehrenz allegedly promoted and sold investment contracts to clients through KCM, an investment adviser company in Uniontown, an Ohio limited liability company registered as an investment adviser firm, but reportedly not registered with the Securities and Exchange Commission, according to documents from the United States Attorney for the Northern District of Ohio, currently being reviewed by attorneys Joe Peiffer and Jason Kane.
Nehrenz, the managing member, president, and chief executive officer of KCM, induced 19 clients to invest in Keystone by promoting KCM’s ability to produce positive investment returns in equity markets while deferring risk, according to statements made in the indictment. The indictment further alleges that Nehrenz reportedly falsely represented to potential clients that their funds would be pooled, invested during the day in large- and mid-capitalization, publicly traded U.S. securities exclusively, and converted to cash overnight.
In reality, however, the funds were not invested, but rather Nehrenz allegedly used client money to pay his personal and business expenses, which to pay business expenses to promote and prolong his investment scheme, often a telltale sign of Ponzi scheme.
Investment Recovery Lawyers Investigating
The Peiffer Wolf Carr & Kane investment recovery attorneys often represent investors who lose money as a result of investment misconduct and Ponzi schemes, and are currently investigating Geoffrey W. Nehrenz, or his Keystone Capital Management, LLC. 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 may contact the Peiffer Wolf Carr & Kane investment recovery lawyers to discuss about their legal options.
Broker: Geoffrey W. Nehrenz
Status: INVESTIGATED by Peiffer Rosca.
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