SSEK Investigate Investment Fraud Claims Made Against 1 Global Capital If you are someone who invested in 1 Global Capital notes at the recommendation of your broker or financial advisor, you may have grounds for filing an investment fraud claim. 1 Global is accused of operating a $322M scam and…
SSEK Investigates Capital Financial Investments And Ex-Broker Sean Kelly Over Investor Claims At the heart of recent investor claims against Capital Financial are allegations against one of its ex-brokers, Sean Kelly. Sean Kelly was accused last year by the US Securities and Exchange Commission (SEC) of defrauding a dozen investors.…
In March 2019, Newbridge Securities Corporation (“Newbridge”) filed its Form X-17A-5, commonly called a firm’s Focus Report, with the Securities & Exchange Commission (“SEC”). The Focus Report showed that in 2018, Newbridge had almost $33 million in revenues, yet reported only about $108,000 in net profits. The accounting firm that…
Michael Scronic Pleads Guilty in Ponzi Scheme Michael Scronic, who touted himself as the hedge fund manager of the unregistered Scronic Macro Fund, has agreed to a US Securities and Exchange Commission ban permanently blocking him from buying or selling securities. In a parallel criminal case, Scronic pleaded guilty to…