A Man Impersonated Son to Deceive Investor Clients
The SEC accuses the father of impersonating his son David to advise clients notwithstanding being banned from broker-dealer platforms — violating the Investment Advisers Act.
Posted 2 hours ago
Stockbroker Misconduct and Investment Fraud Blog
FinCEN Sanctions Capital One with $390M Fine Over AML Violations
The Financial Crimes Enforcement Network (FinCEN) fined Capital One $390 million for admitted shortcomings in the holding company’s anti-money-laundering program.
Posted 12 days ago
SEC Charges Investment Advisers With Defrauding 17,000+ Retail Investors
The Securities and Exchange Commission (SEC) recently charged three individuals, and their affiliated entities, for running a Ponzi-like scheme and infringing the whistleblower protection laws. The fraud, which raised over $1.7B, was conducted...
Posted 18 days ago
DKR Secures Arbitration Award for Client Who Lost Money in GPB Investment
Dimond Kaplan & Rothstein, P.A. is pleased to share that it has secured a FINRA arbitration award for its clients’ investment losses.
Posted 20 days ago
DKR Wins Arbitration Award against Arete Wealth Management for GPB Loses
Dimond Kaplan & Rothstein is happy to share its recent arbitration win against Arete Wealth Management for the sale of risky private placements in GPB Automotive Portfolio, as reported by Investment News.
Posted February 5, 2021
SEC Cracks Down on 1 Global Ponzi Scheme
A federal court has ordered 1 Global broker Roger E. Dobrovodsky, 65, to surrender his commission earnings of $317,690 over to the Securities Exchange Commission for the sale of unregistered securities sales along with civil penalties and...
Posted January 25, 2021
