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FINRA BARS TRANSAMERICA FINANCIAL ADVISORS MICHAEL MACKAY FROM THE SECURITIES INDUSTRY

FINRA recently barred Michael Mackey (CRD#: 2279775) permanently from the securities industry. This information is stated clearly on his BrokerCheck report, which we checked on the 23rd of July. Michael, who was in the securities industry for 22 years, has worked with...

SEC Charges AR Capital and Execs – Settled for $60 Million

In a press conference that was released yesterday, AR Capital LLC’s founder, Nicholas S. Schorsch and its former CFO, Brian Block were charged by the Securities and Exchange Commission. The charges arose because of information about their involvement in receiving...

GPB Holdings Capital Share Prices “Drop Like A Rock” – Investment Fraud Attorneys File Claims To Recover Losses

The media outlets on June 21, 2019 reported that GPB Capital declared that the GPB Capital share prices plummeted by 73%. This news is distressing for several GPB Capital investors as it has been reported that 2 of the biggest GPB investment funds suffered a...

Victim of Investment Fraud?

 Acting quickly may help you recover investment losses.  Call InvestmentFraudLawyers.com at (888) 628-5590. They are a national investor law firm that special helping victims recover losses.

 

GPB Capital Investigated by FBI for Fraud

Massachusetts Secretary of the Commonwealth William Galvin announced that GPB Capital has raised $1.8 billion from recognized investors in September. It was revealed in an investigation of 63 broker-dealer companies that GPB is selling private pensions of investors. A...

GPB Capital Holdings Lawsuits Surge

GPB attracted investors by offering lucrative returns and offered the dealers to sell GPB funds to gain more profit. Now investors are crying investment fraud and there are a number of GPB Capital lawsuits pending. It appears that the 8% commission for trading GPB...

Northstar Healthcare Income Suspends Distributions

Have you heard about the publicly registered Northstar Healthcare Income Inc? It is a REIT, which is an acronym for Real Estate Investment Trust. The Northstar Healthcare Income has reportedly discontinued monthly allocating payments to financiers.  The Board has done...

CFTC Fines Couple on $13 Million Investment Fraud

Two residents of Washington who ran a futures scam solicited over $11 million from investors and used their association as leverage for the scam. Laurence Hong (aka Sung Hong) and his wife Grace Hong (aka Hyun Joo Hong) presented themselves as veteran brokers with a...