Tampa Man Sentenced to 18 Months for Securities Fraud

Tampa Man Sentenced to 18 Months for Securities Fraud

Tampa Man Sentenced to 18 Months for Securities Fraud 150 150 Robert Rex, Esq.

November 4, 2015- Tampa, Florida

The FBI announced that Gignesh Movalia was sentenced to 18 months in prison for operating a $9 million investment fraud scheme involving Facebook stock.

Movalia was also ordered to pay over $5 million in restitution and to serve three years of supervised release following his incarceration.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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