Haselkorn & Thibaut, a national securities fraud law firm with over 50 years of combined experience, has opened an investigation into former LPL Financial advisor Lisa Boisselle regarding the alleged sale of fraudulent cryptocurrency investment programs to retail investors. If you invested with Lisa Boisselle or Wealthwise in products like NovaTech or HyperFund, you may have legal options to recover your losses.
For a free, confidential consultation, contact Haselkorn & Thibaut at 1-888-885-7162.
Who is Lisa Boisselle?
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Lisa Boisselle is a former financial advisor who was registered with LPL Financial in Scottsdale, Arizona from 2018 through 2022. She also served as president, owner, and chief compliance officer of Wealthwise, an investment advisory firm that is no longer registered in Arizona.
According to FINRA BrokerCheck, Boisselle holds CRD Number 6809357. While her BrokerCheck record shows no formal customer disputes, regulatory actions, or criminal disclosures at the time of this writing, recent developments from Arizona state regulators tell a different story.
Arizona Regulators Order $1.4 Million in Restitution
The Arizona Securities Division has taken significant enforcement action against Lisa Boisselle. Regulators ordered her to pay $1.4 million in restitution to defrauded investors and an additional $75,000 in civil penalties.
The allegations center on the sale of two cryptocurrency-related investment programs:
- NovaTech
- HyperFund (also known as HyperVerse)
According to the Arizona Corporation Commission, Boisselle solicited approximately $1.4 million from at least 16 investors between November 2021 and April 2023. Regulators allege these investments were sold without proper registration and in violation of state securities laws.
Key Allegations Against Lisa Boisselle
| Allegation | Details |
|---|---|
| Unregistered Securities Sales | Sold crypto investments without proper registration |
| Number of Affected Investors | At least 16 investors |
| Amount Solicited | Approximately $1.4 million |
| Time Period | November 2021 – April 2023 |
| Failure to Disclose | Did not inform investors of regulatory warnings against NovaTech |
| Response to Regulators | Failed to request a hearing or file an answer |
Alleged Misrepresentations to Investors
Arizona regulators claim that Boisselle made several representations to investors that may not have been accurate. Specifically, she allegedly told investors their money was:
- “Safe and secure”
- Accessible for withdrawal at any time
- Expected to grow steadily over time
However, by August 2022, domestic and international regulators had already issued warnings about NovaTech. Boisselle allegedly continued soliciting investors without disclosing these developments.
What Happened to NovaTech and HyperFund?
Both cryptocurrency programs have been the subject of major federal enforcement actions:
HyperFund/HyperVerse: In January 2024, the SEC charged promoters with operating a fraudulent crypto pyramid scheme that raised more than $1.7 billion worldwide. Investors were allegedly promised guaranteed returns from crypto mining operations.
NovaTech Ltd.: In December 2024, the SEC charged the company and its founders with running a fraudulent multi-level marketing crypto scheme that raised over $650 million from more than 200,000 investors globally.
Red Flags Investors Should Know
This case highlights several warning signs that all investors should watch for:
- Promises of guaranteed or steady returns – Legitimate investments carry risk
- Claims that funds are “safe and secure” – Especially concerning with volatile crypto products
- Unregistered investment products – Always verify registration with regulators
- Advisors who continue soliciting after leaving their firm
- Failure to disclose regulatory warnings or legal actions
Can LPL Financial Be Held Responsible?
Broker-dealers like LPL Financial have a legal duty to supervise their registered representatives. When firms fail to detect or prevent the sale of unsuitable or unregistered products, they may be held liable for investor losses through FINRA arbitration.
This potential liability exists even if the advisor has since left the firm. State restitution orders do not guarantee investors will actually recover their money, which makes pursuing civil claims and arbitration an important option.
Your Options for Recovering Investment Losses
If you invested with Lisa Boisselle, Wealthwise, or through LPL Financial in NovaTech, HyperFund/HyperVerse, or other crypto-related products, you may be able to recover your losses.
Haselkorn & Thibaut represents investors nationwide in FINRA arbitration claims. The firm has a 98% success rate and has recovered millions of dollars for clients affected by broker misconduct, unsuitable recommendations, and supervisory failures.
With a no recovery, no fee policy, you pay nothing unless they win your case.
Contact Haselkorn & Thibaut Today
Time may be limited to file a claim. If you suffered losses from investments recommended by Lisa Boisselle or sold through Wealthwise, take action now.
Call Haselkorn & Thibaut at 1-888-885-7162 for a free, confidential consultation. You can also visit investmentfraudlawyers.com to learn more about your legal options.
Your investment losses may be recoverable. Don’t wait to explore your rights.
