Warrick, Co., Indiana- WFIE, Channel 14 News reports that Lynn Simon of Evansville was sentenced to two years in prison after pleading guilty to several counts of fraud in the offer, sale of purchase of a security. His victims lost in excess of $100,000. Simon operated two companies, the Insurance Shoppe and Financial Security Planning.
Simon fled to Alabama and then to Mexico before finally turning himself in. In addition to serving prison time he will also serve 8 years work release and be required to pay restitution.
Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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