Ponzi Scam Lawyers

Did You Suffer Investor Losses While Working With Barred Osaic Wealth Broker Marat Likhtenstein? Our Ponzi Scam Attorneys Are Looking Into Allegations of a $1.24M Fraud

Shepherd Smith Edwards and Kantas Ponzi Scam Attorneys (investorlawyers.com) are looking into allegations that ex-Osaic Wealth financial advisor Marat Likhtenstein stole $1.24M from clients in an alleged Ponzi scam. We are offering a free, no-obligation case assessment to former customers of this now-barred New York broker who suffered serious losses.

Likhtenstein, who worked in the industry for 30 years, was an Osaic Wealth registered representative from 2018 to 2024 when the firm fired him after he allegedly did not disclose personal loan transactions with a client. He was permanently barred by the Financial Industry Regulatory Authority (FINRA) that same year.

GPB Investors’ Best Bet Remains To Pursue Damages From Broker-Dealers. Alternative Asset Company’s Executives Are Convicted of Securities Fraud

If you are an investor who sustained losses in GPB Capital Holdings’ more than $1.7B Ponzi-like scam, contact the Shepherd Smith Edwards and Kantas Ponzi Scam Lawyers (investorlawyers.com) today. For the past few years, we have been representing those whose financial advisors allegedly unsuitably recommended these private placements to them.

On August 1, 2024, a New York federal jury convicted former GPB Capital CEO David Gentile and GPB placement agent Ascendant Capital owner Jeffry Schneider of securities fraud, wire fraud, and conspiracy to commit both. The US Justice Department noted that the jury determined that the defendants lied about the health of the GPB funds and the source of fund distribution payments while fraudulently using investors’ money to keep up the “appearance of successful portfolio companies.” Prosecutors said that many thousands of investors were defrauded. Now, the two men face up to 20 years in prison.