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SEC Names West Palm Beach Man in Boiler Room Securities Fraud

SEC Names West Palm Beach Man in Boiler Room Securities Fraud

SEC Names West Palm Beach Man in Boiler Room Securities Fraud 150 150 Rex Securities Law

August 20, 2015-West Palm Beach, FL

Moshe Yehuda Dunoff was charged by the Securities and Exchange Commission (SEC) with participating in a boiler room fraud that raised over $1.5 million from 58 investors in 14 countries. Victims were led to believe they were investing in the purchase and sale of discounted U.S. Securities.

The SEC alleges that from at least January 2009 through December 2010, Dunoff played a central role in a scheme in which individuals located in Southeast Asia made unsolicited telephone calls to prospective investors, claiming that they worked for a Chicago-based broker-dealer named Gruber and Green, Inc. and proposing a no-lose investment strategy. The SEC alleges that Gruber and Green was a non existent company and that investors lost their entire investment.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are 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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Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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