Investment / Securities Fraud

Overview

The defendant obtains the trust and confidence of the victim and convinces her to give him large amounts of cash to "invest." The victim is mislead or lied to about the investment either because it doesn't exist or the defendant doesn't have a stake in it. A few examples of what the defendant can do are the following:

• Be a convicted felon
• Not really be a stock broker
• Have their license suspended
• Use all of the victim's money to pay off other "investors" instead of investing it