Jason Mogler, James Hinkeldey, Casimer Polanchek, Brian Buckley, and James Stevens—Investment Fraud Charges

investment fraud lawyersJason Mogler, James Hinkeldey, Casimer Polanchek, Brian Buckley, and James Stevens Allegedly Ran an $18 Million Investment Scheme that Claimed to Develop Beachfront Property in Mexico and Operate Recycling Facilities

Jason Mogler, James Hinkeldey, Casimer Polanchek, Brian Buckley, and James Stevens allegedly ran an $18 million investment scheme that claimed to develop beachfront property in Mexico and operate recycling facilities, according to SEC Documents.

The SEC goes on to allege that the five Arizona residents took millions of dollars from investors to make car payments, buy clothes, and fund travel and entertainment at luxury resorts, casinos, and strip clubs.

The SEC’s complaint charges Mogler, Hinkeldey, Polanchek, Buckley, and Stevens with allegedly violating federal antifraud laws and related SEC rules, and the SEC seeks disgorgement of ill-gotten gains plus prejudgment interest and penalties as well as permanent injunctive relief, according to SEC Documents.

Jason Mogler, James Hinkeldey, Casimer Polanchek, Brian Buckley, and James Stevens Allegedly Enticed 225 Investors, Repeatedly Lying about the Purported Progress of Investments, Robbed “Peter to Pay Paul”

Jason Mogler, James Hinkeldey, Casimer Polanchek, Brian Buckley, and James Stevens allegedly ran an $18 million investment scheme that enticed 225 investors whom were told that the funds would be used to acquire and develop beachfront property in Mexico as well as to operate recycling facilities and purchase foreclosed residential properties for resale, according to SEC Documents.

The five Arizona residents also allegedly lied repeatedly about the purported progress of the investments to calm worried investors as time extended past when their promissory notes should have been repaid, the SEC Documents note.

What is more, Jason Mogler, James Hinkeldey, Casimer Polanchek, Brian Buckley, and James Stevens allegedly made Ponzi-like payments to investors who were threatening them with lawsuits by using money from new investors, which Mogler termed “robbing Peter to pay Paul”, according to SEC Documents.

The Peiffer Rosca Wolf Securities Rights Lawyers Help Investors

The Peiffer Rosca Wolf investor rights lawyers often represent investors who lose money as a result of investment schemes. 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 investment schemes may contact the investor rights lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1180 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.