Articles Tagged with GWG Bond Fraud Lawyers

Estate of Michigan Investor Files Six-Figure GWG Bond Fraud Lawsuit Against Centaurus Financial. Widow Was Inexperienced, Elderly Investor Who Sought Minimal Risk And Instead Ended Up With High-Risk Junk Bond

The Shepherd Smith Edwards and Kantas GWG Bond Fraud Lawyers (investorlawyers.com) are representing another investor in their L Bond lawsuit against a broker-dealer. This time, the claimant is the estate of a deceased Michigan retiree that is seeking an L Bond lawsuit for up to $500K in damages from Centaurus Financial.  

The septuagenarian was a widow who entrusted Centaurus Financial broker John Edmond Tryon to properly manage her assets. Instead, this Michigan financial advisor allegedly unsuitably recommended a GWG L Bond while purportedly misrepresenting this junk bond as safe and secure. It now appears that there will be a near complete loss of principal with this investment for this investor. Not only that but GWG Holdings is now accused of running a more than $1.6B Ponzi scam that has defrauded many thousands of older investors and seniors. 

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