Sean Meadows Indicted for Fraud Charges Relating to Alleged $10 Million Scheme

investment fraud attorney Cleveland

Sean Meadows is accused of orchestrating a $10 million Ponzi scheme, according to an indictment issued by a federal grand jury. The Peiffer Wolf securities practice attorneys Jason Kane and Joe Peiffer are investigating the matter. Sean Meadows Accused of Victimizing More Than 50 Investors Sean Meadows sold investments to more than 50 clients while… Read more »

Henry Hammond Indicted on Fraud Charges after Allegedly Orchestrating a Ponzi Scheme

Henry Thomas Hammond was indicted by a federal grand jury as a result of a $6.2 million series of investment fraud schemes. Hammond owned, operated, or was involved in several businesses, including Longhorn Construction, Inc., Longhorn Properties, LLC, Longhorn Development Group, Inc., Longhorn Construction, North American Investment Group, Inc., and others. Hammond engaged in a… Read more »

Fraud Charges Brought Against Vineet Kalucha and Aphelion Fund Management for Allegedly Providing Falsified Performance Reports to Investors

Vineet Kalucha, Aphelion Fund Management’s chief investment officer, fraudulently altered an outside firm’s report reviewing the performance of an investment account he managed, according to a complaint filed by the Securities and Exchange Commission (“SEC”). The Peiffer Wolf law firm’s securities practice attorneys Jason Kane and Joe Peiffer are investigating the matter. Kalucha’s falsifications essentially… Read more »

Christopher Babcock Barred from the Securities Industry After Allegedly Converting Investor Funds

Christopher Babcock is barred from the securities industry after claims that he converted his customers’ money by placing it in his own brokerage account or a brokerage account of a third-party after encouraging his customers to withdrawal money from their investment accounts and transfer that money to Babcock to be used for purported investment purposes…. Read more »

Michael Drilling Used Investor Funds for Personal Expenses

Michael Drilling pled guilty to securities fraud after defrauding 13 investors out of nearly $6 million. From January 2010 through November 2013, Drilling solicited investors to place their funds with his investment advisor business, Financial Advisory Partners LLC. Drilling falsely represented to investors that he was going to invest their money in a larger pool… Read more »

Alfred John Schlette Pleads Guilty to Ponzi Scheme

Alfred John Schlette of San Ramon, California pleaded guilty to charges of defrauding investors and misrepresenting himself as an intraday trader. Schlette allegedly stole over $1.6 million from investors. Schlette pleaded guilty to nine counts of mail fraud after an indictment from a federal grand jury alleging that he never invested the money the investors… Read more »

Ron McCullough and David Mayhew Charged with Fraud

Ron E. McCullough and David C. Mayhew (also known as David Mahew) defrauded investors in connection with leveraged or margined off-exchange foreign currency (forex) trading, according to a complaint filed by the United States Commodity Futures Trading Commission (CFTC). McCullough and Mayhew oversaw the fraudulent solicitation of approximately $2.3 million from at least 11 investors… Read more »