Articles Posted in It Would Be Funny If It Were Not True

Fake SEC?

Published on: December 28, 2010 | By Russell L. Forkey, P.A.

In May of 2010, a fraud alert was sent out by the Securities and Exchange Commission to warn investors about a group of Internet con artists masquerading as the Securities and Exchange Commission and swindling investors.

In an Investor Alert, the SEC charged that the group, which has called itself the “U.S. Securities and Equities Administration,” the “U.S. Securities Administration” and the “U.S. Securities Bureau,” makes investors an enticing offer: It will remove supposed restrictions on shares of stock the investors own, or release funds being held by the government – all in return for a fee.

The group also appears to have a global division dubbed the “International Equity Regulation Department.”

They Finally Got Caught – Florida Securities Fraud and Investment FINRA Arbitration and Litigation Attorney

Published on: December 22, 2010 | By Russell L. Forkey, P.A.

It would be funny if it were not true.

Talk about calling the wrong number.

Most investors and seniors have at one time or another received “cold” calls from unknown people seeking them to get involved in all types of so-called investments. However, if an investor bites and the deal goes wrong, it is, at best, difficult to recover the investors loss. Apparently, this is not so in the “Show Me” state.