GPB Capital Holdings Fraud Lawsuits

Investors were pitched attractive returns offered GPB and the broker-dealers who offered the GPB Funds. Brokers, however, were motivated by the 8% commission for selling GPB funds. It now appears like agents received over $100 million in commissions. According to its...

Northstar Healthcare Income Suspends Distributions

Northstar Healthcare Income, Inc. is a publicly registered non-traded real estate investment trust (“REIT”) that has now suspended monthly distribution payments to investors.  The Board has supposedly performed a thorough analysis of the REIT’s business,...

CFTC Fines Couple on $13 Million Investment Fraud

Two Washington residents who operated a futures scam solicited over $11 million from investors and used their association as leverage for the scam. Sung Hong (aka Laurence Hong) and his wife Hyun Loo Hong (aka Grace Hong) introduced themselves as experienced traders...

NJ Ponzi Scheme

A Princeton couple has been accused by New Jersey authorities of conducting a $5 million Ponzi scheme to finance a lavish lifestyle that included"country clubs, private schools, and tropical holidays." Ford and Katherine Graham were named in a lawsuit filed by the New...

Court Fines Woodbridge $1 Billion

A federal judge has approved judgments against Woodbridge Group of Companies and its former owner to pay $1 billion in penalties and disgorgement for operating a Ponzi scheme that targeted retail investors, the Securities and Exchange Commission announced Monday....