Financial Advisor Fraud

Investor Files $1 Million Complaint Against Morgan Stanley Advisor Maury Lomax

In the world of finance, trust serves as the cornerstone for successful investments. What transpires if that confidence is betrayed and investors suffer sizable losses? This was the case with the most recent investor complaint made against Mobile, Alabama-based financial advisor Maury Lomax. According to the complaint, Lomax’s actions caused million-dollar damages and shook up […]

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Investment Loss Options: What You Need to Know About Ben Sutak and ThinkEquity LLC

ThinkEquity LLC is a boutique investment bank that offers advisory services, funding, and mergers and acquisitions management. Since 2017, Ben Sutak has been a registered broker with ThinkEquity LLC. Recent allegations have been filed against Ben Venokur Sutak (CRD#5580389) for high commission, unlawful transactions, churning, deception, and unsuitability. In this blog article, we will review

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Controversial Resignation Adriano Schultz at JP Morgan Securities

On May 4, 2023, registered representative Adriano Schultz of J.P. Morgan Securities LLC (JPMS) voluntarily resigned following allegations of fraudulent practices. The allegations were rather severe, implicating Schultz in an attempt to add a customer’s debit card details to his digital wallet. Adding to the severity, he had allegedly ordered a replacement card for the

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SEC Fine

Chinese Businessman Miles Guo and Advisor Charged in $850 Million Scam!

The Securities and Exchange Commission (SEC) has charged Chinese businessman Miles Guo and his financial advisor William Je for their involvement in unregistered and fraudulent offerings that raised over $850 million. The SEC’s complaint alleges that Guo and Je misappropriated a significant portion of the funds raised from investors for their personal benefit and that

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