Craig L. Josephberg—Defrauding Company Investors, Pump-and-Dump Scheme

Craig L. Josephberg Allegedly Pocketed Millions in a Purported Pump-and- Dump Scheme Craig L. Josephberg, of New York City, allegedly took in millions from investors while running an intricate pump-and-dump scheme involving shares of a medical education company, CodeSmart, and two other microcap stocks, according to recent SEC Documents currently under review by attorneys Joe… Read more »

James Helgeson Investigated by Securities Lawyers Following Zeek Rewards-Related Sanctions

James D. Helgeson, a former investment professional, is being investigated by the Peiffer Wolf securities practice attorneys following sanctions against him by securities regulators. Helgeson consented to a one-month suspension and a fine of $5,000 from the Financial Industry Regulatory Authority (FINRA) without denying or admitting FINRA’s factual findings. Attorneys Jason Kane and Joe Peiffer… Read more »

Tri-Med, Its Principals and Promoters Investigated by Securities Lawyer

Tri-Med Corporation, Tri-Med Associates, Inc., their promoters, and Jeremy Anderson, Anthony N. Nicholas, III, Eric Ager, Irwin Ager, and Teresa Simmons Bordinat are being investigated by the Peiffer Wolf securities lawyers in connection with a temporary injunction by the Florida securities regulators that named Tri-Med and its agents as defendants. The temporary injunction was granted,… Read more »

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 »

Jason Juberg and Others Plead Guilty and Act as Witnesses in the Prosecution of David McQueen

Jason Eric Juberg, a Michigan resident, pleaded guilty to charges involving the sale of unregistered securities and was sentenced to 5 years imprisonment, in connection with the allegedly fraudulent investment scheme perpetrated by David Wilson McQueen. The case against his father, Donald Juberg, will be dismissed as part of a plea bargain whereby both will testify against David McQueen, the… Read more »

Family Court Judge Steven Jones’ Fraud Hearing Delayed

Steven Jones, a suspended Family Court Judge, with the other defendants is given another three months before facing a jury of his peers for his federal fraud case. Jones along with five other defendants, including Thomas Cercle, his former brother-in-law, were indicted by federal grand jury for a $3 million investment fraud as alleged by the… Read more »

Scott Summerhays Pleads Guilty to Fraud in Golf Course Scheme

Scott H. Summerhays managed to convince 11 persons to loan him a total of $3.6 million to purchase a golf course, giving out false promises and using a false identity. Summerhays pleaded guilty to 24 Federal felony charges, according to Daniel G. Bogden, United States Attorney for the district of Nevada. Summerhays, 55, formerly from South… Read more »

Attorney Peiffer Investigating Darrell Smith, Promoter of Energae Holdings

Securities lawyer Joe Peiffer is investigating Iowa investment professional Darrell Duane Smith and his sales of investment opportunities in Energae Holdings and iLenders. Peiffer is preparing to take action on behalf of Smith investors. Iowa financial professional Darrell Smith, a former promoter of Energae Holdings and iLenders, has been accused of violating the securities rules… Read more »

Atlanta Financial Professional Robert Gist Charged with Fraud

Atlanta financial professional and estate planning attorney Robert Gist has agreed to settle a lawsuit that accused him of investment fraud. Regulatory documents reviewed by securities attorneys Jason Kane and Joe Peiffer charged that, between 2003 and 2013, Robert Gist engaged in a scheme to defraud investors by promising them that he would make conservative… Read more »

California Resident Syed Madad Accused of Fraudulent Scheme

Syed Qaisar Madad, CEO and co-owner of Technology for Telecommunication and Multimedia Inc. (TTM), was charged with operating an investment scheme in which he raised $49 million.  Madad lost part of his investors’ money in bad trades and spent millions on Ponzi-like payments and personal expenses, according to the federal prosecutors’ charges. Madad, a California… Read more »