Month: March 2012
Financial Advisor Magazine
Cornerstone Real Estate Investment Funds sold through Pacific Cornerstone Capital Inc. have joined other REITs in experiencing a drastic drop in value in recent months. The White Law Firm in Chicago is investigating the broker-dealers who sold the Cornerstone shares…
KBS REIT I Valuation Drops Again and Signals More Trouble for Investors
KBS REIT I Investment Losses Investors in the popular non-traded REIT, KBS Real Estate Trust Inc. (KBS REIT I), were reportedly notified on...
George Elia Arrested for Wire Fraud
According to reports, George Elia of Ft. Lauderdale, Florida, who faces allegations of running a Ponzi scheme, has been arrested for wire...
Former Advisor with Centaurus Financial Fined and Suspended
Lloyd Thomas Mincy, Jr., a former financial adviser and registered representative of Centaurus Financial Inc., was recently suspended and...
Wadsworth Investment Co. Faces State Scrutiny
Wadsworth Investment Co. reportedly has been told by the Connecticut state Department of Banking that it has “…90 days to make changes...
