Financial Advisor Fraud Archives – Page 515 Of 530

Thomas Brenner (First American Securities) Indicted for Fraud

Thomas Brenner, president of First American Securities (FAS), a broker-dealer, along with another person, allegedly conspired to solicit investment from Brenner’s clients for United RL Capital Services, which was in the business of medical laboratory development financing. Some of the clients made the investment apparently based on assurances from Brenner and his partner that they […]

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Raymond James Advisor Gregory Collier (Collier Financial Solutions) Filled Complaints Filed

Raymond James’ financial advisor Gregory Collier has had a continuous association with Raymond James since August 2005. He also reveals a business association with Mount Dora, FL based on Collier Financial Solutions. Disclosures on his BrokerCheck record are: Collier was accused of managing a portfolio poorly and for initiating trades that were unsuitable, with the customer

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Financial Advisor John Cangialosi Barred, To Pay $271K Restitution

New York-based financial advisor John Cangialosi has consented to the sanctions placed on him by the Financial Industry Regulatory Authority (FINRA) but has neither admitted nor denied them. The allegations against him were of unsuitable trading in three customer accounts, for which he has been suspended for 9 months by FINRA. This was in September

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Southport Capital “Horizon Private Equity” Ponzi Scheme Update

The number of investors swindled in the alleged Ponzi scheme masterminded by John J. Woods is understood to exceed 400. He was charged by federal regulators in August for defrauding investors by “running a massive Ponzi scheme for over a decade.” Along with Southport Investment Capital, an investment firm based in Chattanooga, Woods has been

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More Claims Filed Against UBS Yield Enhancement Strategy (YES)

The Yield Enhancement Strategy (YES) of UBS Financial has invited one more Financial Industry Regulatory Authority (FINRA) arbitration claim for UBS Financial. This one has been filed by clients of Frank Frederick Baldwin and Brian Jay Donaldson. According to their BrokerCheck report, this opens the account of customer disputes for Baldwin while for Donaldson, though

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