by Broker Fraud | May 31, 2022 | Securities Fraud, Securities Litigation
Joshua Louis Rupp, 37, pleaded guilty in federal court in Grand Rapids and was sentenced in March to serve 16 years in jail for securities fraud. Rupp was already in prison serving a three year and nine month sentence, having pleaded no contest and been convicted of...
by Broker Fraud | Mar 21, 2022 | Securities Fraud, Securities Litigation
When stock prices take a wild ride, or start plummeting, investors often seek out safer and more lucrative places to invest. A precious metals individual retirement account (IRA) may appeal to investors in this situation, as this type of IRA allows investors to hold...
by Broker Fraud | Feb 16, 2022 | Securities Fraud, Securities Litigation
A recent enforcement action by the U.S. Securities and Exchange Commission (SEC) highlights once again the need for investors to do their research on investment offerings and heed any warning signs that an investment may not be legitimate. In January, the SEC charged...
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...
