There’s a storm brewing in the world of investment, and it’s essential to be aware of the red flags. This article aims to shed light on a serious allegation involving David Wilke of CAPITAL INVESTMENT GROUP, INC. and the sales of GWG L-bonds. We’ll delve into the nitty-gritty of the situation, explaining the allegation in simple terms, and highlighting the role of Haselkorn & Thibaut in investigating the matter and offering free consultation to affected clients.
What is the Allegation?
Table of Contents
A customer dispute lodged on 10/9/2023 alleges breach of fiduciary duty, negligence, breach of contract, fraud, and negligent supervision related to the sales of GWG L-bonds by David Wilke. The GWG company filed for Chapter 11 reorganization on 04/20/2022. The alleged damage amounts to a whopping $300,000.00.
Why Should You Read This Article?
Investment fraud is a serious matter, and it’s crucial to stay informed. This article will help you understand the red flags of investment fraud in a straightforward manner. It’s unique because it provides an in-depth look at a real-life case involving a well-known investment company and advisor. This isn’t just theory – it’s a real situation that could affect real people’s lives and finances.
Who is Providing the Information?
This article draws on the expertise of Haselkorn & Thibaut, a national investment fraud law firm with offices in Florida, New York, North Carolina, Arizona, and Texas. With over 50 years of experience and a 98% success rate, they are well-equipped to handle such allegations and help investors recover losses.
How Can You Benefit?
By reading this article, you’ll become more aware of the potential pitfalls in the investment world. You’ll learn about the red flags of investment fraud, which could help you avoid similar situations in the future. Moreover, if you’ve been affected by this case, you’ll find out how Haselkorn & Thibaut can assist you, including their offer of a free consultation at 1-800-856-3352 and their “No Recovery, No Fee” policy.
Investment Fraud Red Flags
Investment fraud is a serious issue that can lead to significant financial losses. Here are some red flags to watch out for:
- Unregistered investments: Legitimate investments are typically registered with the Securities and Exchange Commission (SEC) or state regulatory authorities.
- Overly consistent returns: Investments that yield consistently positive returns regardless of overall market conditions may be too good to be true.
- Complex strategies: Be wary of investments that are difficult to understand or that involve complex strategies.
- Pressure to buy: If you feel pressured to invest, it could be a sign of fraud.
FINRA Arbitration can play a crucial role in helping investors recover losses. If you’ve been affected by this case or any other investment fraud, remember that help is available. Haselkorn & Thibaut is ready to assist you with their extensive experience and successful track record. Don’t hesitate to reach out to them for a free consultation at 1-800-856-3352.
