SALT LAKE CITY, UTAH- Antiguos clientes de Wealth Navigation Advisors (WNA) d/b/a Oak Lane Advisors, con sede en Centerville, Utah, presentaron una demanda contra la firma de asesoría por más de $ 850,000 perdidos en un esquema Ponzi dirigido por uno de los exasesores de...
SALT LAKE CITY — Mark Fox says he met Stephen Romney Swensen 25 years ago when the two had adjacent hangars at the Ogden-Hinckley Airport. The two became friends, and Fox learned that Swensen was also a financial adviser. For 20 years, Fox had no reason...
CENTERVILLE, Utah (KUTV) — A lawsuit was filed on Tuesday against Centerville-based financial group Wealth Navigation Advisors in connection to a decade-long Ponzi scheme that resulted in around $30 million being stolen from over 50 people. A man who lost his entire retirement in the scheme...
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Attorneys: Stephen Romney Swensen Pitched the Fictitious Fund as a “Bucket 1” Investment, But Spent the Money on Airplanes, Mistresses and Lavish Lifestyle. Swensen Took His Own Life When the Deception Was Exposed. SALT LAKE CITY – MAY 23,...
Attorneys: Stephen Romney Swensen Pitched the Fictitious Fund as a “Bucket 1” Investment, But Spent the Money on Airplanes, Mistresses and Lavish Lifestyle. Swensen Took His Own Life When the Deception Was Exposed. SALT LAKE CITY – MAY 23, 2023 – Former clients of Wealth Navigation...
GPB Capital made the headlines when its CEO, David Gentile, a former managing partner, Jeffrey Lash, and the CEO of Ascendant Capital, Jeffry Schneider, were arrested and charged with fraud. The SEC (Securities and Exchange Commission) also charged the trio for running a Ponzi-like scheme. Months earlier,...
"The Securities and Exchange Commission’s recent move to install an outside monitor to oversee private-equity firm GPB Capital Holdings LLC has prompted some of the firm’s investors and their lawyers to ask what took so long. GPB Capital’s regulatory filings show that the SEC began probing...
“Opening the Floodgates”: Major Surge in Lawsuits Expected From Thousands of GPB Capital Victims in Class Action Litigation and FINRA Arbitration Cases to Recover Lost Investments. NEW YORK CITY//February 9, 2021//The filing of criminal charges last Thursday (February 4th) against GPB Capital on the grounds that...
"The CEO of a New York-based RIA and two others were arrested Thursday on fraud charges tied to a massive scheme that bilked 17,000 investors across the U.S. out of more than $1.7 billion, according to the U.S. Attorney’s Office for the Eastern District of...
"(CNN Business) — The US Securities and Exchange Commission charged investment adviser GPB Capital Holdings and three executives on Thursday with defrauding over 17,000 retail investors in a Ponzi-like scheme that raised over $1.7 billion. The lawsuit alleges that David Gentile, owner and CEO, Jeffry Schneider,...
Call Us Now