by Jeff Pederson | Aug 26, 2025 | SEC Allegations
Investment advisor James Burleson is accused of “cherry picking” where he keeps the decent performing investments for his own account. On August 6, 2025, the SEC obtained a final judgment against James Burleson, who was the managing partner of the...
by Jeff Pederson | Aug 19, 2025 | SEC Allegations
Stephen Swenson stole investor funds to support his mistresses and left his widow to pay the SEC. On July 31, 2025, the late wife of Stephen Swenson agreed to payback funds she received as part of her late husband’s scheme. She did this to settle SEC charges....
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 | Jul 20, 2025 | SEC Allegations
Andrew Jacobus is alleged to have victimized Venezuelans in a Ponzi scheme. Andrew H. Jacobus “induced” dozens of Venezuelans and a Catholic dioceses to invest $94 million into investments that constituted a Ponzi scheme. This information was initially reported in the...
by Jeff Pederson | Jul 13, 2025 | General
During the SEC’s investigation, American Portfolios officials are accused of creating and backdating documents. On July 11, 2025, the SEC charged American Portfolios Advisors, Inc. (APA) with failing to adequately disclose conflicts of interest and overbilling....
Recent Comments