29 Aug Kevin Wanner – Investment Fraud Charges
Kevin Wanner Charged with Securities Fraud by the North Dakota Regulators; Securities Lawyers Preparing to Take Action
Kevin Wanner, a North Dakota investment professional, was charged with perpetrating a fraudulent investment scheme that victimized over 40 investors in North Dakota, according to an affidavit by the North Dakota Securities Department currently under review by attorneys Joe Peiffer and James Booker.
Wanner allegedly made off with about $5 million in his fraud and money laundering scheme while paying out approximately $1.8 million in purported interest payments accrued on allegedly phony CD’s, regulatory documents from North Dakota further allege.
The Peiffer Wolf investor rights lawyers have teamed up with a North Dakota law firm and are preparing to take action on behalf of Kevin Wanner‘s investors. They have been investigating Wanner’s alleged fraud and intend to seek compensation for his investors’ losses.
Kevin Wanner Allegedly Admits to Spending Client Money for His Own Personal Use
Kevin Wanner allegedly spent his clients’ money for his own personal use, according to the aforementioned affidavit by the North Dakota Securities Department currently under review by attorneys Joe Peiffer and James Booker.
The North Dakota government is looking to sequester funds from the sale of a house that was owned by Wanner and his wife, according to reports from North Dakota.
Finally, the Complaint goes on to allege that proceeds of the pending sale of a 2011 Ford Convertible Mustang should be forfeited to the government.
Securities Lawyers Preparing to Take Action on Behalf of Investors
The Peiffer Wolf securities lawyers often represent investors who lose money as a result of alleged securities fraud scams and are currently investigating Kevin Wanner’s alleged securities fraud scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Kevin Wanner’s alleged securities fraud scheme may contact the securities lawyers at Peiffer Wolf, Joe Peiffer or James Booker, for a free no-obligation evaluation of their recovery options, at 216-589-9280.