The Twin Cities Tyrone Herman Allegedly Defrauded Investors of More Than $19 Million in Small Appliance Resale Scam

Cleveland stockbroker fraud lawyer

On October 10, Tyrone Herman, 55, of St. Anthony, Minnesota, was reportedly found guilty of defrauding at least twenty five investors of more than $19 million, according to documents filed in court. Herman, from 1998 through December 2013, allegedly operated Executive Marketing Group and Ty Herman & Associates, which he purported had working business relationships… Read more »

Keith Michael Rogers Allegedly Intercepted Life Savings of Former Alabama Gridiron Star Kenneth Darby

Cleveland stockbroker fraud attorney

Keith Michael Rogers, of Huntsville, Alabama, and formerly of brokerage firm G.L.S. & Associates (GLS), was barred from associating with any FINRA member in any capacity for failure to comply with FINRA’s investigation into Rogers‘ conversion of customer funds, a FINRA Letter of Acceptance, Waiver and Consent (AWC) alleges. One former client of Rogers, who… Read more »

Ismail Elmas Reportedly Terminated Over Outside Business Activities; Apparently Went on the Lam

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Ismail Elmas, of Vienna, Virginia, and formerly of CUSO Financial Services, converted client funds for personal use, and also participated in an unauthorized outside business activity involving investments without approval from his firm, a FINRA Letter of Acceptance, Waiver, and Consent (AWC) alleges. Elmas, 49, was reportedly terminated by CUSO Financial Services, and has been… Read more »

Inland Securities Censured and Fined $40k on Two REIT Investments, in Conjunction with Alleged Failure to Invoke Adequate Supervisory Procedures

Investment fraud lawyers

Between July 2009 and August 2014, Inland Securities, of Oak Brook, Illinois, did not perform due diligence on the offerings for which it served as placement agent, according to a FINRA letter of Acceptance, Waiver and Consent (AWC). In addition, Inland Securities, the exclusive dealer-manager of private placements and non-traded REITS sponsored by its affiliates,… Read more »

ATEL Capital Equipment Funds Sales Practices Investigated by Peiffer Wolf Attorneys

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ATEL Capital Equipment Funds sales practices are currently being investigated by the Peiffer Wolf securities practice attorneys Joe Peiffer and James Booker. ATEL Capital Equipment Funds have raised money from investors to support ATEL and its business practice of leasing equipment to businesses. The Peiffer Wolf attorneys are investigating certain investment professionals who recommended and… Read more »

Diego Hernandez Accused of Misappropriating More Than $900,000 of Investors’ Money

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Diego F. Hernandez violated federal securities laws by raising and misappropriating approximately $921,000 from investors, according to an order issued by the Securities and Exchange Commission (“SEC”). The Peiffer Wolf securities practice attorneys Jason Kane and Joe Peiffer are investigating the matter. Hernandez, though The Wealth Management Partners, LLC, Wealth Financial, Limited Liability Company, DFHR… Read more »

Securities Regulators Ban Ann Ferrao After She Allegedly Misappropriated Funds

Ann Maria Ferrao, formerly registered with HSBC Securities, Inc., was barred from the securities industry by the Financial Industry Regulatory Authority (“FINRA”) in connection with allegations she misappropriated funds from clients’ bank accounts. The Peiffer Wolf securities practice attorneys Joe Peiffer and Jason Kane are investigating the matter. Ferrao was under investigation by FINRA for… Read more »

Securities Attorneys James Booker and Joe Peiffer Encourage Investors to Approach Virtual Currencies with Caution

Virtual currencies are more popular than ever. Virtual currencies such as Bitcoin, Dogecoin, Ripple, and Litecoin are widely used and are starting to be accepted in everyday commerce. Pioneering investors have set their aim on digital currencies as investment vehicles that can provide profitable returns. One such way digital currencies have become situated as an… 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 »