October 17, 2011 Comments (0) Blog, Securities Fraud

Former FBI Agent John R. Graves Charged with Investment Fraud

(Last Updated On: July 17, 2015)

Have you suffered investment losses because you invested with John Graves? The White Law Group may be able to help you recover your investment.

Multiple media outlets are reporting that John R. Graves and his wife Sara Turberville Graves have been charged with running an investment scheme which cost investors about $1.3 million. Mr and Mrs. Graves were indicted by a federal grand jury in Virginia for mail and wire fraud.

John Graves was with the FBI until he resigned from the bureau in 1999. He founded a company, Brook Point Management in 2003 through which he offered a variety of financial services.

According to the Washington Post, “Prosecutors say that during a three-year span ending in July, Graves and his wife raised $1.3 million in funds from 11 people through ‘misrepresentations about the safety and security of the investments.’” The couple was using the money raised not to invest, but allegedly to pay early investors, pay personal debts and buy real estate.

During at least part of this time period John Graves was working as a registered broker with firms that have or had standing with FINRA according to his FINRA.org CRD.

If you invested with John Graves through a brokerage firm and would like to speak to an attorney about your potential for recovery of investment losses please call our Chicago office at 312-238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit our website at http://www.whitesecuritieslaw.com.

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