Peter Kohli, DMS Advisors and Marshad Capital Group Under Investigation for Allegations of $3.2 Million Fraud

Silver Law Group is investigating SEC allegations against Peter R. Kohli (CRD# 1064334), DMS Advisors, Inc. and Marshad Capital Group, Inc., the parties that allegedly deceived investors into investing $3.2 million in Kohli’s failing mutual fund business.

According to the SEC Complaint filed in September 2016, Kohli, a registered representative of Trustmont Financial Group (CRD# 18312), Inc. at the time, Kohli filed false mutual fund registration statements with the SEC, misappropriated funds, and made false and misleading statements when selling securities in a company controlled by Kohli.

Kohli launched DMS Funds, which ultimately consisted of four emerging market mutual fund series, according to the Complaint.  DMS Advisors, Inc. was DMS Funds’ investment adviser, and a separate Kohli-controlled company.  Kohli then proceeded to file registration statements with the SEC that falsely overstated DMS Funds’ sophistication.  Furhter, they failed to disclose the most important risk, that Kohli and DMS Funds were unable to pay the funds’ expenses.

Kohli and his entities sold Marshad warrants, falsely telling investors that Marshad was on the cusp of an IPO and stole money meant to be invested in the mutual funds and used it instead to pay fund expenses.  As the funds neared collapse, Kohli lied to investors and sold Marshad promissory notes with no reasonable expectation that the purchasers could be repaid.

In total, Kohli induced over 120 investors to invest at least $3.2 million in entities owned or controlled by him, according to the complaint.

Kohli was employed by Trustmont Financial Group from July 2010 to May 2015 in Leesport, Pennsylvania.

If you have invested with Peter R. Kohli and DMS Advisors or Trustmont Financial Group and have lost money doing so, you may be able to recover some or all of your losses.  Our lawyers are experienced in recovering investor losses due to broker and brokerage firm misconduct through FINRA arbitration.

FINRA arbitration is a fast, efficient way to recover your lost investment funds due to unauthorized trading.  We work on a contingency fee basis, meaning you pay us nothing unless we win and recover money for you.

Silver Law Group represents the interests of investors who have been the victims of investment fraud.  If you have questions about your legal rights, please contact Scott Silver of the Silver Law Group for a free consultation at ssilver@silverlaw.com or toll free at (800) 975-4345.