Investment Schemes Targeting Retirees

More and More Financial Schemes Targeting Seniors and Retirees As more and more baby boomers enter their retirement years and the economy remains flat, a growing number of reports are surfacing that more and more financial schemes are targeting seniors. In addition, law enforcement agencies, afraid that thousands of older Americans may fall prey to… Read more »

Will Allen—Ponzi Scheme Charges

Ex-NFL Cornerback Will Allen Accused of Operating Ponzi scheme Will Allen, former New York Giants cornerback, allegedly helped run a Ponzi scheme that promised investors profits from loans to professional athletes. From July 2012 through February 2015, Allen and his partner allegedly used cash from some clients to fill in the gaps of a $7… Read more »

David Alexander Lange Investigation — Undisclosed Outside Business Allegations

California stockbroker fraud attorney

David Alexander Lange Allegedly Involved in Undisclosed Business Activity David Alexander Lange, formerly of for Lincoln Financial Securities, was allegedly involved in a unreported outside business activity, the details of which remain murky, according to a recent FINRA  Letter of Acceptance, Waiver and Consent (AWC) On March 13, 2014, the AWC further alleges, Lincoln Financial… 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 »

Jennifer Trowbridge—Unsuitable Sales Allegations

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Jennifer J. Trowbridge Accused of Unsuitable Investment Recommendations to Customers Jennifer J. Trowbridge, from in or about February 2010 to March 2011, allegedly made unsuitable recommendations and effected unsuitable sales and purchases in seven customer accounts, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC). During the aforementioned time period, Trowbridge, who… Read more »

Allen Green — Broker – Non-traditional ETF Unsuitable Recommendations

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Allen Michael Green Lauded Looming Economic Collapse, Allegedly Recommended Unsuitable Investments Allen Michael Green allegedly recommended unsuitable investments, such as long-term held Non-traditional ETFs and metal bound investments, to most customers relying on his belief that the world was soon to suffer an economic collapse, according to a Complaint from FINRA’s Department of Enforcement. As… Read more »

Joel Carlson Sentenced for Customer Fund Theft

New York investor rights attorney

Joel William Carlson of Vadnais Heeights, MN, Sentenced to Prison for Tax Fraud, Misappropriating $1.5 Million from Clients Joel William Carlson, 43, and a Vadnais Heights, MN investment advisor Investment adviser has been sentenced to prison after perpetrating a $1.5M fraud against clients, according to reports from the Minnesota’s U.S. Attorney’s Office. Carlson also pleaded… Read more »

Geoffrey W. Nehrenz Fraud Charges

Geoffrey W. Nehrenz, of Uniontown, Ohio, Accused of Defrauding Investors of $5.5 Million Geoffrey W. Nehrenz, 36, and of Uniontown, Ohio, has received an eight-count federal indictment for his reported role operating a Ponzi scheme in which 19 investors were defrauded out of approximately $5.5 million, according to reports from Ohio law enforcement officials currently… Read more »

Jasper Buck Investment Fraud Allegations

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Jasper Buck, Former Maryland investment advisor, Indicted in $1.9 million Theft Scheme Jasper Buck, 59, and formerly of Westminster, Maryland, has been indicted by a federal grand jury for alleged mail fraud arising from an alleged investment fraud scheme, according to court reports from Maryland currently under review by attorneys Alan Rosca and Joe Peiffer…. Read more »

GLR Growth Fund, California RIA, Barred by the SEC After Falsely Claiming Fund was “SEC Approved”

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California-based RIA, GLR Growth Fund, has been banned from the industry by the SEC this week after the firm was charged with allegedly misleading investors, and also falsely claiming that its fund was “SEC approved,” according to charges filed by the SEC currently under review by attorneys Alan Rosca and Joe Peiffer. Said charges further… Read more »