Ismail Elmas—Fraud, Misappropriation of Funds

Investment fraud lawyers

Investment Advisor Ismail Elmas, of Vienna, Virginia, Stole More than $3 Million, Sentenced to 126 Months in Prison Ismail Elmas, an investment advisor from Vienna, Virginia, has recently been sentenced to 126 months in prison after the former credit union employee reportedly stole more than $3 million from his clients, according to the FBI. Elmas,… Read more »

Charles Fackrell Investigation Following Unauthorized Sales Charges

Charles Caleb Fackrell Allegedly Converted Customer Funds and Sold Private Securities Offerings Away Charles Caleb Fackrell, of Yadkin County, allegedly converted customer funds and sold away private securities offerings without the knowledge of his firm, LPL Financial, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC). Fackrell, who was terminated by LPL… Read more »

World Equity Group Inc: Private Placement Due Diligence Failure Allegations

Cleveland stockbroker fraud lawyer

World Equity Group, Inc. Allegedly Failed to Perform Adequate Due Diligence in Many Private Placements World Equity Group, Inc. (WEG) allegedly permitted one of its registered representatives to publish advertisements that failed to provide a sound basis for a reader to evaluate the products and services being offered, according to a recent FINRA Letter of… Read more »

Jonathan Francis—Unauthorized Withdrawal of Customer Funds Charges

Rochester stockbroker fraud attorney

Jonathan A. Francis Allegedly Withdrew Approximately $210,000 of Customer Funds Without Authorization Jonathan A. Francis allegedly issued eight ATM cards for the accounts of seven bank customers without the customers’ knowledge and for the reported purpose of assisting in the conversion of approximately $210,000 in cash from those customers’ accounts, according to a recent Complaint… Read more »

Diversified Oil and Gas – Fraudulent Sales Charges

Investment fraud lawyers

Diversified and its Principal Officers Allegedly Raised at Least $17.4 Million from Approximately 440 Investors through Fraudulent, Unregistered Offerings of Stock and Bonds Diversified, between 2006 and 2012, allegedly raised at least $17.4 million from approximately 440 investors nationwide through a series of fraudulent, unregistered offerings of stock and bonds, according to a Cease and… Read more »

Josh Abernathy Fraud Charges

investment fraud lawyers

Joshua Ray Abernathy Accused of Stealing Approximately $1.3 Million From Victims Joshua Ray Abernathy investors may be able to recover money they invested with him, according to the Peiffer Wolf law firm’s securities practice attorneys Jason Kane and Joe Peiffer. Josh Abernathy, an investment professional in Norfolk, Virginia, was charged with mail fraud and charged… Read more »

Isaiah Goldman, Brock Catronio Illegal Commodity Transactions

Isaiah Goldman and Brock Catronio Allegedly Solicited, Accepting Orders for, and Dealt in Illegal, Off-exchange Retail Commodity Transactions Isaiah Goldman, of Boca Raton, Florida and former owner of both Paramount Metals and Paramount Credit, and Brock Catronio, of Delray Beach, Florida and former owner of Paramount Metals and Paramount Credit conducted business in the U.S…. Read more »

Donald Babb and Ralph Ruth Investment Fraud

investor rights lawyers

Donald Babb and Ralph Ruth Operated $ 19 Million Investment Scheme Donald Babb and , of Florida’s Space Coast, orchestrated a $19 million investment scheme that siphoned cash from investors, according to court reports from Florida. Said reports further allege that the pair has been sentenced to more than 10 years each in federal prison… Read more »

Moazzam “Mark” Malik SEC Complaint

Investment fraud lawyers

Moazzam “Mark” Malik, Purported Hedge Fund Manager, Faces SEC Fraud Charges Moazzam “Mark” Malik, a purported hedge fund manager in New York City, was charged by the Securities and Exchange Commission (SEC) with allegedly stealing money from his investors, according to recently released SEC documents. Moazzam “Mark” Malik falsely claimed to be allegedly operating a… Read more »

Joseph Hooper iPractice

investment fraud lawyers

Joseph Hooper Allegedly Sold $3.4 Million Worth of iPractice, Earned $425,000 in Commissions; Investor Lawyers Investigating Joseph Hooper allegedly sold $3.4 million worth of stock in a company called iPractice Group, Inc. Hooper allegedly earned $425,000 (or 12.5%) in commissions from selling iPractice stock to about 41 investors, according to FINRA. Unfortunately for most investors,… Read more »