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Stealing other people’s money is a brazen act of violation on many levels. When the act is committed by an investment broker or financial adviser it is investment fraud at its worst. The following article is a top story in the Detroit area that we think you will find informative. The broker is responsible and will be held accountable for his unscrupulous acts.

Avoid investment losses and becoming a victim. It is critical to investigate the company or broker through which you are investing with.

The home page of www.Investor.gov prominently displays the link to check out your investment professional. By selecting the “Search the Database” box you are automatically sent to a screen which asks for your investment professional’s name and firm name.

Financial adviser in Birmingham charged with stealing $3.7 million from clients

John Maccoll worked at UBS Financial Services Inc. He allegedly embezzled from more than a dozen people. UBS says it will reimburse affected clients. Read the full article here.

If you believe you have been a victim of securities or investment fraud, please contact our Michigan Securities Law Firm today. The Securities Attorneys at Peter C. Rageas are experienced in all type of securities litigation, investment fraud, stock broker negligence and more! We have helped countless individuals recover from investment losses. Call today for your free case evaluation.