Category: Fraud Articles
In December 2018, FINRA censured and fined Merrill Lynch $300,0000 for failure to supervise Eva Weinberg (CRD# 1767814), who engaged in a scheme to defraud a Merrill Lynch customer. According to the Acceptance, Waiver and Consent, between February 2010 and … Continue reading
Did you lose money investing with Aegis Capital Corp. financial advisor Damian Mamane (CRD# 4424077)? Mamane has been registered with Aegis Capital Corp. in Boca Raton, Florida since 2014. Mamane has been the subject of two customer complaints between 2013 … Continue reading
Former Next Financial Group Inc. financial advisor Douglas Simanski (CRD# 2606998) settled charges with the Securities and Exchange Commission (SEC) that he operated a $3.9 million fraud. Simanski has been registered with Next Financial in Altoona, Pennsylvania from 1999 to … Continue reading
Erez Law is currently investigating former ProEquities, Inc. financial advisor Todd Phillips (CRD# 2948119) regarding recommendations to invest in Future Income Payments, LLC (FIP LLC) and related investments and insurance policies funded by FIP distributions. According to public records, a … Continue reading
Erez Law is currently investigating former Foresters Equity Services, Inc. financial advisor John Ernst (CRD# 1958252) regarding recommending unsuitable Woodbridge Mortgage investments. Ernst has been registered with Foresters Equity Services, Inc. in San Diego, California from 2011 to March 2018, … Continue reading
Former Raymond James Financial Services, Inc. broker Taek Chong (CRD# 1551473) has more than $2 million in customer complaints regarding overpayment of commissions. It is alleged that Chong engaged in defalcation, which is misappropriation of funds by a person trusted … Continue reading
Erez Law is currently investigating Corecap Investments, Inc. financial advisor Judith Villarreal (CRD# 1795375) who is alleged to steal money from her clients. Villarreal has been registered with Corecap Investments, Inc. in Southfield, Michigan since 2012. Villarreal has been the … Continue reading
Erez Law is currently investigating brokers and brokerage firms around the country who recommended their clients invest in 1st Global Capital and 1st West Capital, affiliated small business lenders in Hallandale, Florida. It is alleged that customers across the country … Continue reading
Erez Law is currently investigating former American Portfolios Financial Services, Inc. financial advisor Gary Forrest (CRD# 1313782) regarding recommendations to invest in the Woodbridge Group of Companies. Forrest was registered with American Portfolios Financial Services, Inc. in Flint, Michigan from … Continue reading
Were you a victim of financial advisor DaRayl Davis (CRD# 4934582) regarding a $5 million ponzi scheme that bilked 30 investors? Davis was registered with Investors Capital Corp. in Camp Springs, Maryland from 2006 to 2008 and has not been … Continue reading