Category: Ponzi Scheme
In October 2018, former clients of Wells Fargo Advisors, LLC, Wachovia Securities, LLC, Wells Fargo Clearing Services, LLC, and Wells Fargo & Company won an award in a FINRA arbitration for compensatory damages for $430,000 for losses sustained from Wells … Continue reading
Former SA Stone Wealth Management Inc. financial advisor Christopher Wendel (CRD# 1930870) is alleged to be involved in the $1.22 billion Woodbridge Group of Companies Ponzi Scheme. Wendel was registered with SA Stone Wealth Management Inc. in Celina, Ohio from … Continue reading
Erez Law is currently investigating former UBS Financial Services Inc. financial advisor John MacColl (CRD# 839441) regarding losses sustained from a Ponzi-like scheme that bilked at least 15 investors out of $4 million. MacColl was registered with UBS Financial Services … Continue reading
Did you lose money investing with former Axiom Capital Management, Inc. broker Jennifer Ling (CRD# 3277203) in Aequitas-related promissory notes? Jennifer Ling was registered with Axiom Capital Management, Inc. in New York, New York from May 2015 to July 2017. … Continue reading
Erez Law is currently investigating financial advisors across the country who recommended their clients investment in the Woodbridge Group of Companies. In August 2018, the U.S. Securities and Exchange Commission charged four companies and five individuals – Barry M. Kornfeld … 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
Did former Nylife Securities LLC financial advisor Joel Flaningan (CRD# 5664958) recommend you invest in the Woodbridge Group of Companies? Flaningan was registered with Nylife Securities LLC in Fort Wayne, Indiana from 2010 to May 2018 when he was terminated … Continue reading
Perry Santillo (no CRD available) was convicted of conspiracy to commit mail fraud, mail fraud and conspiracy to launder money. It is reported that Perry Santillo operated a $102 million Ponzi scheme that defrauded more than 1,000 investors. In January … Continue reading
Were you the victim of former Securities Service Network, Inc. broker Peter Holler (CRD# 838897)? Holler was registered with Securities Service Network, Inc. in Bristol, Tennessee from 2001 to August 2017, when he was terminated regarding, “The representative participated in … Continue reading
Erez Law is currently investigating former Paulson Investment Company LLC broker Kevin Graetz (CRD# 1935982) regarding involvement in the Belize Infrastructure Fund I, LLC, which is believed to be a Ponzi scheme. Graetz was registered with Paulson Investment Company LLC … Continue reading