The law offices of Gana Weinstein LLP continue to investigate the Woodbridge Group of Companies and the Woodbridge Mortgage Funds (Woodbridge). The Securities and Exchange Commission (SEC) has alleged that the Woodbridge operated a billion-dollar Ponzi scheme ensnaring about 8,400 investors. Woodbridge solicited hundreds of disreputable insurance agents and investment…
Articles Posted in Ponzi Scheme
ARO Equity and Thomas Renison Investor Recovery Options
The law offices of Gana Weinstein LLP are investigating the Massachusetts Securities Division’s enforcement action and administrative complaint against ARO Equity, LLC (ARO Equity), Thomas David Renison (Renison), and Timothy James Allcott (Allcott). The complaint alleges that ARO Equity is Ponzi-scheme. This is not Renison’s first securities offense. In 2014,…
Defrauded Investors: SEC Accused First Nationle Solution, United RL Capital, and Percipience Global of Being a $102 million Ponzi Scheme
The law offices of Gana Weinstein LLP are investigating the Securities and Exchange Commission’s (SEC) charges and asset freeze against several individuals and companies behind what the agency calls a $102 million Ponzi scheme that defrauded investors throughout the country. According to the SEC’s complaint, the defendants misled 600 investors…
Advisor David Zier Investigated Over ZAM Fund Investment Scheme
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) advisor David Zier (Zier), in October 2014, was terminated by his then employer City National Securities, Inc. (City National) and was under investigation by the Securities and Exchange Commission (SEC) and FINRA. Zier was the CEO of Convergent…
Regulators Accuse Yasuna Murakami, Avi Chiat, and MC2 Capital Management of Defrauding Over 50 Investors
The law offices of Gana Weinstein LLP are investigating reports by multiple securities regulatory agencies that Yasuna Murakami (Murakami), Avi Chiat (Chiat) and the companies and hedge funds that the two managed defrauded over 50 investors by raising $15 million and then misappropriating funds in Ponzi like fashion. According to…
SEC Charged Financial Advisor Leon Vaccarelli with Defrauding Investors in Ponzi Scheme
The investment lawyers of Gana Weinstein LLP are investigating allegations by the Securities and Exchange Commission (SEC) claiming that financial advisor Leon Vaccarelli (Vaccarelli) defrauded his elderly clients out of more than $1 million. According to FinancialPlanning, the SEC filed a complaint in federal court in New Haven alleging Vaccarelli…
Gana LLP Files Complaint on Behalf of Dean Mustaphalli Investors (Update)
The law offices of Gana Weinstein LLP have recently filed a complaint on behalf of nearly a dozen investors alleging that Dean Mustaphalli (Mustaphalli) engaged in securities fraud. The claim was brought against brokerage firms Sterne Agee Financial Services, Inc. (Sterne Agee) and Interactive Brokers LLC (Interactive Brokers) alleging that…
Investor Recovery: Mark Sellers and Selden Companies $10 Million Investment Fraud
The investment lawyers of Gana Weinstein LLP are investigating the action brought by the Department of Justice (DOJ) involving property acquired by Mark Sellers (Sellers) as part of a $10 million investment fraud scheme. According to authorities Sellers shot and killed himself on Aug. 2, 2016. The DOJ alleged that…
Tripoint Global Equities, Robert Nathan, Mark Elenowitz, and Michael Boswell Accused of Raising Funds for Hamilton Ponzi Scheme
The investment lawyers of Gana Weinstein LLP are investigating allegations by investors that Tripoint Global Equities, LLC (Tripoint Global) and its agents Robert Nathan, Mark Elenowitz, and Michael Boswell acted as placement agents to solicit investments tied to a massive $97 million Ponzi scheme involving the false sale of tickets…
Gana LLP Investigates Platinum Partner LP Hedge Funds Investor Losses
The securities lawyers of Gana Weinstein LLP are investigating the regulatory and criminal investigations concerning the Platinum Partners LP Funds. The hedge funds include the Platinum Partners Value Arbitrage Funds and the Platinum Partners Credit Opportunities Fund. In June, news sources began reporting that the New York-based hedge fund began…