Despite greater attention paid to the possibility of securities fraud in investment opportunities in New York, Puerto Rico and across the U.S., it is still worryingly common for Ponzi schemes to be discovered. People who are taken in by the promise of big returns on their investment and little risk should be wary. Even savvy […]
Investors in New York and throughout the world are often targets of people with ill intent. Brokers, investment advisers and other supposed financial professionals will talk a good game, use various tactics to convince a would-be investor that they are trustworthy, and then take their money for illegal purposes. This is becoming increasingly common with […]
There are different types of securities litigation claims that investors may be able to make when inappropriate or illegal actions beyond market factors result in securities losses. It is helpful for investors to be familiar with securities litigation basics so they can spot when something has gone wrong and know what to do if they […]
Investment fraud generally, and hedge fund fraud specifically, can be devastating for investors. Investors who have staked their retirement or life savings on a hedge fund, for example, can unexpectedly face having the rug pulled out from under them if they are victims of this type of fraud. A variety of legal protections are in […]
For many New Yorkers, the temptation to make money by investing can be too enticing to ignore. This is especially true when there is an ongoing health crisis and people are trying to find ways to earn or supplement their income to counteract various challenges that have come up. The key attraction to Ponzi schemes […]
Stockbrokers play an important role in the financial management of their clients. A New Yorker may rely on their broker’s advice to make sound decisions about where and with whom to place their hard-earned money. When a broker fails to act in their client’s interest as a fiduciary, their client can suffer significant financial losses. […]
There’s a lot of misinformation in the world today. Even though most of us have our guard up and think that we can make fully informed decisions that support our best interests, the truth of the matter is that there are some pretty slick and sleazy investment firms out their that want nothing more than […]
Securities fraud is unfortunately common across the U.S. and Puerto Rico. It can take shape in many different ways, but the result is always that someone loses a lot of money inadvertently. A recent fraud was discovered in Puerto Rico involving a city and an investment advisor. Unregistered investment advisor facing fraud charges Recently the […]
Securities fraud affects many New Yorkers every year, sometimes leading to the loss of thousands or even millions of dollars. In general, securities fraud involves deceiving investors or manipulating financial markets. The following is an overview of three common types of securities fraud. 1: High yield investment frauds In this type of scheme, a person […]
The legendary character Robin Hood famously robbed from the rich to give to the poor in medieval England. In the 21st century, a popular investment company calling itself Robinhood has been accused of taking advantage of the poor and lying to its customers. Robinhood Financial, L.L.C., is one of the fastest-growing financial companies in history. […]