The Securities Exchange Commission (“SEC”) charged Chicago investment fund manager, Neal V. Goyal, for the Ponzi scheme in which he used investor monies to purchase himself houses and businesses for him and his wife. SEC fraud charges also named Blue Horizon Asset Management and Caldera Advisors, Goyal’s firms. The U.S. Attorney’s Office for the Northern […]
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15-year sentence for client fraud: Former N.J. broker stole $9.8M from clients
A lifetime of savings – gone! What would you do if your elderly parent told you their investments and retirement money were wiped out in a Ponzi scheme? Clients of former New Jersey investment broker, Maxwell B. Smith III, likely received a phone call from a parent or friend who fell victim to fraud. The […]
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