Two Ventura County men were charged late last fall with securities fraud and conspiracy to commit securities fraud for their roles in an insider trading investment scam that netted the conspirators more than $3M.
Between 2010 and 2013, Steven Fishoff of Westlake Village and Ronald Chernin of Oak Park, along with 2 other men from New Jersey and Florida, used inside information that they had been given in their roles as investment bankers, to execute transactions through trading entities that they secretly controlled.
Ventura County securities fraud attorney
Most investments are governed by the Securities Exchange Commission, and people usually need to be licensed in order to buy and sell securities on behalf of others. The federal government takes securities crimes seriously, so when you’re arrested on securities-related charges, you should take your situation seriously, too. Fraud charges usually arise when a person makes a bad investment or investment decision because someone else knowingly provided bad information about an investment, or about themselves and their ability to invest money on behalf of others.
When you’ve been accused of fraud involving securities, hiring a competent, experienced securities fraud attorney is your best defense strategy . Robert Helfend specializes exclusively in criminal defense in Ventura County and throughout Southern California. He takes cases in both state and federal court, and will work for federal defendants in any federal district court in the nation.
An arrest does not alter your Constitutional rights, but you need an experienced securities fraud attorney to ensure that your rights are respected. Hiring a skilled criminal defense attorney is the best way to ensure that you preserve your rights throughout the judicial process. Federal prosecutors don’t “go away,” so don’t wait to hire a competent federal defense attorney, and don’t attempt to defend yourself.
Contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura County securities fraud case.
Photo Credit: Myles Davidson, via FreeImages.com