Foreign Investors

Florida Foreign Investment Fraud Litigation and Arbitration Attorney – A Chicago Convention Center, LLC., Anshoo Sethi and Intercontinental Regional Center Trust of Chicago, LLC.

Published on: February 11, 2013 | By Russell L. Forkey, P.A.

Securities and Exchange Commission v. A Chicago Convention Center, LLC, Anshoo Sethi, and Intercontinental Regional Center Trust of Chicago, LLC, Civil Action No. 13-cv-982

SEC HALTS $150 MILLION INVESTMENT SCHEME TO DUPE FOREIGN INVESTORS AND EXPLOIT IMMIGRATION PROGRAM

The Securities and Exchange Commission recently announced charges and an asset freeze against an individual living in Illinois and two companies behind an investment scheme defrauding foreign investors seeking profitable returns and a legal path to U.S. residency through a federal visa program.

Angelica Aguilera and LatAm Investments, LLC. – South Florida Failure to Supervise and Negligent Supervision FINRA Arbitration and Litigation Attorney

Published on: September 28, 2012 | By Russell L. Forkey, P.A.

In the Matter of Angelica Aguilera:

August, 2012:

Recently, the Securities and Exchange Commission announced the issuance of an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934 (Order) against Angelica Aguilera. The Division of Enforcement (Division) alleges that Aguilera, former President of LatAm Investments, LLC, failed reasonably to supervise former registered representatives Fabrizio Neves and Jose Luna, who violated Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder and aided and abetted LatAm’s violations of Section 15(c) of the Exchange Act. The Division alleges that from at least November 2006 to September 2009, Neves and Luna engaged in a fraudulent markup and markdown scheme to defraud certain customers of LatAm Investments, LLC (LatAm) in the offer, purchase and sale of structured notes.

Fabrizio Neves, Jose Luna and LatAm Investments, LLC – Florida Fraudulent Markup FINRA Arbitration and Litigation Attorney

Published on: September 28, 2012 | By Russell L. Forkey, P.A.

Commission Charges Brokers for Defrauding Brazilian Public Pension Funds in Markup Scheme

August, 2012:

The Commission today filed a civil fraud action in the United States District Court for the Southern District of Florida against two former brokers in Miami for overcharging customers approximately $36 million by using hidden markup fees on structured note transactions.

Hold Brothers On-Line, Steve Hold, Robert Vallone and William Tobias – Layering or Spoofing (Manipulation) Florida Securities Fraud and Misrepresentation Attorney

Published on: September 26, 2012 | By Russell L. Forkey, P.A.

SEC Charges N.Y.-Based Brokerage Firm With Layering

September, 2012:

The Securities and Exchange Commission recently announced that it charged a New York-based brokerage firm and three executives for allowing traders outside the U.S. to access the markets and conduct manipulative trading through accounts the firm controlled.

Fabrizio Neves and Jose Luna – Excessive Markups Fruad, Negligence and Breach of Fudiciary Duty South Florida Attorney

Published on: August 30, 2012 | By Russell L. Forkey, P.A.

SEC Charges Florida Brokers for Defrauding Brazilian Public Pension Funds in Markup Scheme

August, 2012:

The Securities and Exchange Commission recently charged two former brokers in Miami with fraud for overcharging customers approximately $36 million by using hidden markup fees on structured notes transactions.

International Investing – Florida Fraud, Mismanagement and Negligent Supervision FINRA Arbitration and Litigation Attorney

Published on: August 9, 2012 | By Russell L. Forkey, P.A.

Invest Internationally – How to do it.

There are a number of ways individual investors may gain exposure to international investments. As with domestic investments, investors should first learn as much as they can about an investment. The purpose of this post is to provide the reader with general discussion of this topic. This information is being provided for educational purposes only and is not designed to be complete in all material respects. Thus, it should not be relief upon as providing legal or investment advice.

If you are contemplating investing internationally, consider the following:

How to Protect Yourself from Worthless Stock Scams

Published on: March 9, 2012 | By Russell L. Forkey, P.A.

March, 2012:

How to Protect Yourself from Worthless Stock Scams:

Regulators often refer to worthless stock scams as “recovery room operations,” “advance fee schemes,” or “reload scams” because the perpetrators prey on individuals who lost money once and are willing to invest even more in the hope of recovering their losses. Here are several ways to arm yourself against these thieving opportunists:

Worthless Stock – How to Avoid Additional Losses

Published on: March 9, 2012 | By Russell L. Forkey, P.A.

March, 2012:

In our continued effort to educate the investing public about various aspects of the securities markets and fraudulent activity associated therewith, we are providing the below information. Because this information is being provided for educational purposes only, it should not be relied upon as providing legal or investment advice. Moreover, it is not intended to be complete in all material respects. If you have any questions concerning the information set forth below, you should contact a qualified professional.

Worthless Stock: Con artists across the globe have stepped up their efforts to rip off investors, especially non-U.S. residents who have lost money in the U.S. securities markets. While it’s natural to want to recoup one’s losses as quickly and as fully as possible, the Securities and Exchange Commission (SEC) has warned investors to be extremely skeptical of offers to exchange worthless or poorly performing stocks for blue chips or “hot” performers.

Risk Tolerance – One of the first things that you need to consider before making an investment. This is especially true for seniors.

Published on: February 5, 2012 | By Russell L. Forkey, P.A.

Assessing Your Risk Tolerance!

One of the first factors that needs to be considered when thinking about making any type of investment is risk. When it comes to investing, you need to remember that risk and reward go hand in hand. The phrase “no pain, no gain” – comes close to summing up the relationship between risk and reward. Don’t let anyone tell you otherwise: all investments involve some degree of risk. If you plan to buy securities – such as stocks, bonds or mutual funds or even if you loan money to a friend – it’s important that you understand that you could lose some or all of the money you invest.

The reward for taking on risk is the potential for a greater investment return. If you have a financial goal with a long time horizon, you may make more money by carefully investing in higher risk assets, such as stocks or bonds, than if limit yourself to less risky assets. On the other hand, lower risk cash investments may be appropriate for short-term financial goals.

Foreign Investors – Tips on Protecting Yourself When Investing in U.S. Markets or Companies

Published on: January 19, 2012 | By Russell L. Forkey, P.A.

We encourage all investors to thoroughly investigate any investment opportunity and the person promoting it before you part with your money-especially if you are a non-U.S. investor seeking to invest in U.S. stocks or other types of investments. This is particularly important if you learn about the investment on the Internet or hear about it over the telephone from an alleged broker or other individual that you don’t know.

The recent globalization of world financial markets and the strength of the U.S. securities markets have fueled a strong demand by foreign investors for U.S. stocks. But this increased appetite has, in turn, spawned new types of fraud. This alert describes how some of these scams work, and provides tips on how to avoid them However, please keep in mind that this information is being provided for educational purposes only. It is not designed to be complete in all material respects. Thus, it should not be relied upon as legal or investment advice. If you have any questions, concerning this post, please contact a qualified professional.

What the Frauds Look Like: