When the crisis surrounding the UBS Puerto Rico closed-fund losses was at its peak in 2015, it was hard to predict how the chips would fall. Now that some of the issues are being settled, the picture is getting more clear, and it may make some people unhappy. Of the...
You have a lot of investment options at your disposal. You might be excited about your prospects when choosing one of these options, but your hopes can quickly be dashed when you’re subjected to securities fraud. The sad truth is that fraud occurs regularly in the...
Usually, the stock exchange is not in the news unless there is some huge swing up or down, but recently, there has been a renewed interest in securities fraud thanks to the boom in so called, “MEME stocks.” And, perhaps, as a result of this new interest from the...
There’s a lot going on in the securities market. Billions of events occur on a daily basis, and hundreds of thousands of brokers make these deals. In that context, you might be thinking its no wonder that fraudulent and otherwise unfair practices occur all the time....
Perpetrating a securities fraud scheme, like a Ponzi scheme or other plot designed to take investors’ money, requires that the fraudster build up trust with investors. After all, investors who do not trust a broker are very unlikely to give their hard-earned money...
Choosing to invest in securities can be difficult for novice investors. When a New York resident hopes to expand their portfolio or diversify through the acquisition of new securities, they must know what they are getting into so that they can minimize their risks of...
The elderly are amongst the most vulnerable amongst us. While this means that they may be more likely to be subjected to physical and emotional abuse, these individuals can be taken advantage of financially, too. Sure, friends and loved ones may try to squander money...
Despite greater attention paid to the possibility of securities fraud in investment opportunities in New York, Puerto Rico and across the U.S., it is still worryingly common for Ponzi schemes to be discovered. People who are taken in by the promise of big returns on...
Investment fraud generally, and hedge fund fraud specifically, can be devastating for investors. Investors who have staked their retirement or life savings on a hedge fund, for example, can unexpectedly face having the rug pulled out from under them if they are...
Securities fraud affects many New Yorkers every year, sometimes leading to the loss of thousands or even millions of dollars. In general, securities fraud involves deceiving investors or manipulating financial markets. The following is an overview of three common...
