Investment fraud is far too common as many investors blame themselves for losses and don’t know they can recover their investment losses.
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 […]
Southport Capital “Horizon Private Equity” Ponzi Scheme Update Read More »
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
More Claims Filed Against UBS Yield Enhancement Strategy (YES) Read More »
The SEC alleges Laguna Niguel, California-based TCFG Investment Advisors, LLC, TCFG affiliate broker-dealer TCFG Wealth Management, LLC, (TCFG Wealth) and Richard James Roberts – its president, CEO, and member of management – with making materially false and misleading statements and omissions related to ICT advisory client fee markings. An SEC complaint was filed at the
TCFG Wealth Management Advisor Charged By SEC – Investor Investigation Read More »
The tally of investors seeking compensation from their broker-dealer for losses incurred on account of their unsuitable recommendation of Northstar Financial Services (Bermuda), which has filed for bankruptcy and is undergoing liquidation proceedings. keeps rising. The latest is an elderly investor from Venezuela who is seeking a six-figure sum as compensation from his brokerage firm
UBS Wealth Management lost a couple of key FINRA arbitration cases this past week on Yield Enhancement Strategy (known as YES). The full $269,337.09 loss plus prejudgment interest of $45,009.80, to Robert and Marcia Shinbrot. The full $421,868.58 loss plus prejudgment interest of $70,499.93, to Nicholas and Brigit Trentalange. In addition, all costs and fees,
UBS Loses Big Claim On Yield Enhancement Strategy (YES) Read More »