by admin | Oct 7, 2018 | Scam of the day
Investment adviser Melvin Leonard Wimmer Jr. of South Carolina has been convicted of securities fraud resulting in three million dollars of losses to his clients many of whom were elderly. On behalf of his clients he invested primarily in high risk securities and...
by admin | May 4, 2018 | Scam of the day
Investment adviser Li Lin Hsu was arrested last week by FBI agents on charges of scamming his clients out of 2 million dollars. According to the FBI, Hsu solicited her clients through ads in Chinese newspapers. However, instead of investing the funds provided to her...
by admin | Apr 27, 2018 | Scam of the day
Investment adviser, Amrit Chahal has hit the trifecta with fraud charges being brought against him by the SEC, the Commodity Futures Trading Commission and the U.S. Attorney’s Office for the Eastern District of Virginia. All of the charges relate to Chahal, an...
by admin | Apr 2, 2018 | Scam of the day
Recently Louisiana financial planner, Gregory Alan Smith and Houston church pastor Kirbyion H. Caldwell were indicted on multiple accounts related to a purported investment scam in which the two are alleged to have worked together to convince unwary investors to pour...
by admin | Nov 24, 2017 | Scam of the day, Site Related
Chicago investment adviser Daniel Glick has been charged in separate legal actions by both the Securities and Exchange Commission (SEC) and the U.S. Attorney’s Office of stealing more than five million dollars from his clients who even included members of his...
