A National Securities Arbitration & Investment Fraud Law Firm
The Securities and Exchange Commission (SEC) has charged Russell Todd Burkhalter, founder and CEO of Drive Planning, LLC, his Atlanta-based company. In their complaint, the SEC requested and received a preliminary injunction, asset freeze, and other emergency relief against both Burkhalter and Drive Planning to stop a Ponzi scheme worth…
The SEC has filed a complaint in US District Court for the Northern District of Texas, Fort Worth Division against Agridime, LLC, and its co-founders Joshua Link and Jed Wood regarding the sale of unregistered securities called “Cattle Contracts.” In the petition, the SEC alleges that these contracts were simply…
Forensic financial research group Hindenburg Research has just published a new report on Nanban Ventures. This Frisco, Texas-based “investment” company is concentrating its marketing in the Indian American community of the Dallas-Fort Worth area. Their extensive report details the marketing and the true information of one person and a series…
When a Ponzi scheme is finally uncovered and stopped, many wonder how it could continue without anyone noticing something was wrong. Do banks that handle fraudulent transactions have any internal processes, or do they simply look the other way? In a long-standing case beginning in 2009, banks that facilitated transactions…
George Santos, the recently elected Latino Republican Representative from New York, continues to make headlines, but not for the right reasons. After a damning report in the New York Times questioning Santos’ claims and credibility, he has begun to speak on it. These reports with apologies about his fabricated background,…
James Seijas (James Alan Seijas CRD# 2392901) is a former broker and investment advisor whose last known employer was Wells Fargo Clearing Services, LLC (CRD#:19616) of Short Hills, NJ. His former employers include TD Ameritrade, Inc. (CRD#:7870) of Morristown, NJ, Fidelity Brokerage Services LLC (CRD#:7784) of Wayne, NJ, and Barclays…
Shawn Good (Shawn Edward Good CRD# 2022168) is a former registered broker and investment advisor whose last known employer was Morgan Stanley (CRD#: 149777) of Wilmington, NC. His previous employers were Wells Fargo Advisors, LLC (CRD#:19616), also of Wilmington, and Charles Schwab & Co., Inc. (CRD#:5393) of San Francisco, CA.…
Lighthouse Life Capital LLC’s bonds may involve similar risk to defaulted GWG L Bonds, Scott Silver, Silver Law Group’s managing partner, recently told The Deal publication. Silver Law Group represents GWG L Bonds investors in FINRA arbitration claims and in a class action lawsuit. GWG Holdings (GWGH) is a Dallas,…
The Massachusetts Securities Division recently levied $1 million in fines against U.S. Data Mining Group (DMG) for allegedly conducting unregistered securities offerings. The Division, in its complaint, alleged that the bitcoin mining company failed to register its stock while fundraising. DMG also failed to notify investors that two of the…
Las Vegas attorney Matthew Beasley was shot by FBI Special Agents who went to his house to interview him regarding his alleged involvement in a $300 million Ponzi scheme. Though shot in the chest and shoulder, Beasley refused to surrender and repeatedly confessed to his involvement in the scheme, Assistant…