By Tom Costello of Costello Law Group Donald Toomer, an investment advisor from Henderson, Nevada, was recently indicted by a grand jury in New Jersey on fraud charges related to kick backs he received. The federal prosecutors allege that Toomer was involved in a “pump and dump” scheme. The prosecutors believe that Toomer […]
By Tom Costello of Costello Law Group William J. Wells, an investment manager for a New Jersey firm named Promitor Capital Management LLC, has been charged by the Securities and Exchange Commission (SEC) with fraud. According to the SEC, Wells operated a Ponzi-like scheme. Wells allegedly told investors he would invest their money […]
By Tom Costello of Costello Law Group Christopher Yoon, a register representative from River Edge, New Jersey, was barred from the securities industry by the Financial Industry Regulatory Authority (FINRA). FINRA made the decision to bar Yoon after a customer alleged that he had requested a signed, but otherwise blank, check from her […]
