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Most consumers invest in traditional offerings--stocks, bonds, and commodities--that are regulated by the Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), and state securities regulators. However, many consumers also invest large sums in less traditional offerings that either are outside SEC and CFTC jurisdiction or subject to shared jurisdiction with the FTC. Among these are investments in tangibles (for example, rare coins, art, precious metals), oil and gas lottery application services, properties, and telecommunications. In recent investment cases brought before the courts, scam artists consistently took millions of dollars from consumers. In addition, fraudulent promoters fill imitation security offerings with "investment opportunities" that mimic the legitimate investments in the headlines.
At MAC we have investigated dozens of investment fraud cases. We have successfully prepared prosecution packages in order to collect or attempt to incarcerate those responsible. Call us today for more information.
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