Category: Ponzi Scheme
Erez Law is currently investigating former The Investment Center, Inc. financial advisor Leon Vaccarelli (CRD# 3227636) regarding a Ponzi Scheme that defrauded elderly customers. Vaccarelli was registered with The Investment Center, Inc. in Waterbury, Connecticut from 2011 to 2017 when … Continue reading
Erez Law is currently investigating brokerage firms and financial advisors across the country who recommended investments in RMA Strategic Opportunity Fund, LLC, a pooled investment hedge fund that operated as a multi-million dollar Ponzi-like scheme. According to a statement by … Continue reading
Erez Law is currently investigating Arizona-based Stephen Hatch (CRD# 239625) who recently pled guilty to a $70 million real-estate Ponzi scheme that preyed on 110 investors. Hatch has a limited CRD report on the FINRA website that does not list … Continue reading
Erez Law is currently investigating former Metlife Securities Inc. financial advisor Bryan Anderson (CRD# 3116269), who is currently serving seven years in federal prison for running a Ponzi scheme. Anderson was registered with Pruco Securities, LLC in Birmingham, Alabama from … Continue reading
Erez Law is currently investigating brokers across the country in connection with losses sustained from participation in a $15 million oil and gas investment Ponzi scheme involving TexStar Energy Corp., Southern Energy Group Inc. and TennStar Energy Inc. In August … Continue reading
Erez Law is currently investigating VFG Securities, Inc. financial advisor Mark Trewitt (CRD# 1364490) regarding losses suffered from investments in Aequitas Income Opportunity Fund II, Vertical Capital Recovery Fund, and Cole Capital Income Trust. Trewitt has been registered with VFG … Continue reading
Erez Law is currently investigating former Oneamerica Securities, Inc. financial advisor Patrick Howard (CRD# 5153247) regarding a fraudulent offering of investments in private funds. Howard was registered with Oneamerica Securities, Inc. in Dallas, Texas from 2010 to 2015 before he … Continue reading
Erez Law is currently investigating former PFS Investments Inc. financial advisor Barkley JW Lundy Jr. (aka Mike Lundy Jr.) (CRD# 2260127) regarding a $4.2 million Ponzi-like scheme. Lundy was registered with PFS Investments Inc. in Rapid City, South Dakota from … Continue reading
Erez Law is currently investigating LPL Financial LLC financial advisor Charles Caleb Fackrell (CRD# 5369665) regarding securities fraud and involvement in a $1.4 million Ponzi scheme. A Ponzi scheme is a form of fraud in which belief in the success … Continue reading
Erez Law is currently investigating brokers at Cetera Financial Specialists LLC (CRD# 10358), Investors Capital Corp. (CRD# 30613), VSR Financial Services, Inc. (CRD# 14503), Berthel, Fisher & Company Financial Services, Inc. (CRD# 13609), Sun America (previously registered investment advisor firm) … Continue reading