A new Legal Action against Fraudulent Investment Brokers

The fresh approach proposed by Giambrone to address the illegal activities of fraudulent investment brokers who rely on deceiving novice investors. The principals of such bogus brokers go to extreme lengths to evade being called to account for their actions and also to conceal the money scammed from their victims, thinking they have successfully concealed the funds taken from innocent investors by a series of convoluted actions through off-shore accounts in countries where the regulatory regimes are less robust.  There are avenues that have been developed and can be used which may lead to the restoration of the victims’ lost funds.

Recovering funds scammed from investors is a notoriously lengthy process as unsurprisingly the fraudulent brokers take considerable steps to conceal both themselves and the money that they have pocketed.  The myriad of off-shore companies which permit the money criss-cross the globe in an attempt to throw off any law enforcement agencies or private attempts to track them down means that it takes considerable persistence to trace and orchestrate a lawsuit that is sufficiently robust to obtain, not only justice but the restoration of the lost funds.

One particularly notorious fraudulent broker and its American/Israeli founder, was  the subject of numerous fines and bans by various regulatory bodies across the world. Frequently setting up shop in any country where there was a loophole or a lax regulatory regime and assuming the gloss of respectability.  Attempting to improve its reputation and appear to be above board by sponsoring prominent sporting events in an attempt to appear above board. Giambrone’s financial fraud team is fully aware that many of the fraudulent organisations have significant assets that can be proved to be associated with the perpetrators of financial scams that are capable of being applied to the restoration of the money defrauded from its novice investors.

The nature of the scams that have been actively perpetrated make it problematic for an individual to challenge, the fact that they were persuaded to hand over their money by illegal means is far better demonstrated when a court sees multiple victims in a class action where the repeated evidence of the victims clearly demonstrates that the losses were part of a deliberate pattern of behaviour on the part of the broker to defraud the unwitting and often completely inexperienced investor. The lawyers in the financial fraud team see this pattern repeated again and again by fraudulent brokers and are very experienced in recovering lost funds once there is a body of evidence of sufficient weight to present to a court of law. 

The Giambrone financial fraud team have developed a strategy that is distinctive and it is hoped may not be anticipated by the former fraudsters thereby providing a greater opportunity for success.

For more information regarding how to recover your money please click here