Monthly Archives: August 2016

Advisor to Pro Athletes Swindles $2.35 Million

By Tom Costello of Costello Law Group  Louis Martin Blazer, III, a financial adviser from Pittsburgh, was charged by the Securities and Exchange Commission (SEC) for allegedly creating a Ponzi scheme. The SEC believes Blazer defrauded his pro athlete clients by taking about $2.35 million out of their accounts, without their authorization, and […]

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Owner of New York Broker-Dealer Indicted on Charges of Securities Fraud

By Tom Costello of Costello Law Group  Guy Gentile, an owner of a broker-dealer in New York, was recently indicted on charges of securities fraud. Mr. Gentile is accused of participating in a pump and dump scheme that generated $17.2 million in trading proceeds. The scheme involved the manipulation of the share prices […]

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