by Jeff Pederson | Aug 18, 2025 | SEC Allegations, Uncategorized
The SEC alleges that Jordan Chirico failed to disclose substantial conflicts of interest. Jordan Chirico of Jefferies Financial Group is accused by the SEC of violating fiduciary duties by investing clients in a Ponzi-like scheme. The SEC asserts, in a complaint in...
by Jeff Pederson | Aug 10, 2025 | Uncategorized
Jason Dobins lured in friends with his fraudulent securities scheme. The State of Colorado sentenced Jason Lobins to six years in prison August 8, 2025. Between April 2019 and December 2023, Lobins, who headed his own management company the Lobins Group, solicited...
by Jeff Pederson | Aug 8, 2025 | Uncategorized
RMHIX is a high-risk junk bond fund sold to investors as moderate or conservative. RMHIX, ROCMuni High Income Municipal Bond Fund, is a junk bond fund. Many have alleged that brokers and advisors have recommended this fund to retirees and others who were not looking...
by Jeff Pederson | Aug 6, 2025 | SEC Allegations, Uncategorized
CNBC analyst and former fugitive James McDonald sentenced for securities fraud. On August 4, 2025, federal prosecutors sentenced James McDonald, the former CNBC financial analyst, to 60 months in prison. McDonald previously pled guilty to one count of securities...
by Jeff Pederson | Aug 3, 2025 | Uncategorized
Regulators accuse Martin Lerner of failing to supervise the sale of unsuitable limited partnerships. FINRA, the Financial Industry Regulatory Authority, sanctioned Marin Lerner. FINRA in a regulatory settlement issued Lerner a fine of $10,000 and suspended Lerner from...
by Jeff Pederson | Jul 8, 2025 | Uncategorized
Linqto Capital purported to democratize private markets but is alleged to have defrauded investors. Linqto Inc., which sells securities through Linqto Capital, is currently under investigation by the SEC. Allegations include failing to give accurate information to...
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