by Broker Fraud | Dec 30, 2021 | Securities Fraud, Securities Litigation
Appointing a Trusted Contact for Investments Advised by Government Agencies The Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3) receives and tracks thousands of complaints of fraud each day and then investigates those complaints,...
by Broker Fraud | Nov 30, 2021 | Ponzi Scheme, Securities Fraud
Affinity fraud occurs when a thief targets members of an identifiable group, like a religious group, senior citizens or an ethnic community, and then relies on his or her connection with members of the group to perpetrate investment fraud.1 Affinity scams very often...
by Broker Fraud | Sep 30, 2021 | Securities Fraud, Securities Litigation
$97 Million SEC Enforcement Action Against TIAA Subsidiary for Retirement Rollover Recommendations A fiduciary, as defined by Investopedia.com, is “a person or organization that acts on behalf of another person or persons, putting their clients’ interest...
by Broker Fraud | Aug 30, 2021 | Securities Fraud, Securities Litigation
Daniel Michael, chief of the U.S. Securities and Exchange Commission (SEC) Enforcement Division’s Complex Financial Instruments Unit noted that it is an advisory firm’s responsibility to protect its clients from inappropriate investments in complex...
by Broker Fraud | Jul 17, 2021 | Investment Fraud, Securities Fraud
Elon Musk, the chief executive office of TESLA has been reported by media outlets as touting Dogecoin, a cryptocurrency. In February, the Daily Mail reported that after Musk had been “tweeting relentlessly” promoting Dogecoin, the cryptocurrency jumped 21...
by Broker Fraud | Jun 16, 2021 | Securities Fraud, Securities Litigation
Decisions on where to invest money are not easy to make. It takes knowledge of the investment being offered, good research into who is offering the investment, and an understanding of the common warning signs that an investment opportunity is not legitimate. ADT...
