The White Law Group

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Tag Archive

• Update on VGTel Securities Fraud Investigation

  

  March 26, 2018 Comments (0) Blog, Current Investigations, Securities Fraud

  Ex-Brokers Christopher Cervino & Larry Werbel to pay clients $845,000 According to the Financial Industry Regulatory Authority (FINRA), two ex-brokers involved in a securities fraud scheme last year have been ordered to pay $845,000 to two clients they allegedly defrauded. Christopher Cervino and Larry Werbel were

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• Update on Sheik F. Khan and VGTel Securities Fraud Investigation

  

  June 16, 2017 Comments (0) Current Investigations, Securities Fraud

  Ex-Ameritas Advisor Sheif F. Khan Barred from Securities Industry According to an order, the Securities and Exchange Commission has barred former Ameritas adviser Sheik Khan from the securities industry. Khan of Pasadena, CA was found guilty of securities fraud by a federal court in New York in March. The case

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• Cervino & Kahn Found Guilty in $15 Million VGTel Scheme

  

  March 27, 2017 Comments (0) Securities Fraud

  Recovery of Investment Losses in VGTel According to Investment News, broker Christopher Cervino of Franklin Lakes, N.J., and Sheik F. Kahn, a registered investment adviser in Las Vegas, NV, have been found guilty of securities fraud by a federal court in New York. As we told you last January, the case involves 100

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• New Jersey Broker Arrested for Stock Fraud

  December 6, 2016 Comments (0) Blog, Securities Fraud

  Christopher Cervino, 43, faces fraud and other charges for his alleged involvement in a scheme to trade stock at inflated prices, according to reports. Authorities allege the plan was masterminded by a man previously convicted in another stock scam. Authorities say Cervino allegedly accepted two payments equaling

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• Arrests Made in $15M Fraud Scheme

  January 18, 2016 Comments (0) Blog, Securities Fraud

  The White Law Group continues to investigate potential claims on behalf of investors duped by Edward Durante and his associates. According to Cleveland.com, on Dec. 18th, Durante was arrested in Germany an extradited to the U.S. Durante is accused of orchestrating a scheme that netted $15 million, $9 million of which

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• Fraud Scheme Cost Investors $11 million

  January 8, 2016 Comments (0) Blog, Securities Fraud

  The Securities and Exchange Commission (SEC) has charged Edward Durante with operating a multi-year offering fraud that swindled investors out millions. According to a press release, the SEC complaint alleges that between 2012 and 2014, Durante defrauded “relatively unsophisticated investors” out of at

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