February 23, 2016- El Paso, Texas
CBS 7 reports that Mexican businessman Roberto Trinidad Del Carpio Frescas of Chihuahua was convicted by a federal jury on 24 counts of wire fraud and 10 counts of money laundering.
More than 100 investors in the US and Mexico were swindled out of more than $15 million when they fell victim to Del Carpio’s representations that he had superior knowledge in trading stocks, bonds, oil and gas and precious metals. The scheme operated from August 2010-early 2012.
Del Carpio faces up to 30 years in prison.
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.
Florida-561 391 1900