Securities fraud charges for investment scammer
Securities fraud charges for investment scammer
A Glendale insurance agent faces charges for securities fraud after selling unregistered securities. According to the California Department of Insurance, the woman used her position of trust to steal $10,000. Investigators say the agent asked a client to withdraw $10,000 from her life insurance policy to make an investment.

The agent told the client that the money would stay with the life insurance company, and that her money remained safe. The victim entered into a contract with the agent. When the contract terminated, the agent retained the investment for her own use. She now faces charges of felony grand theft, selling an unqualified security and making false statements.

Ventura securities fraud lawyer


When you face securities fraud, hire an experienced securities fraud attorney like Robert Helfend. Mr. Helfend has more than 30 years of experience in criminal courtroom defense. He takes cases in Ventura County and throughout Southern California.

Securities fraud cases can have serious consequences. Either federal or state prosecutors can accuse you of securities fraud. If you don’t have a license to sell securities, or if you describe investments inaccurately, a prosecutor can charge you with a crime.

Mr. Helfend’s first priority will be to get the charges against you reduced or dropped. When that’s not a possibility, he will work toward the best possible outcome for the case. An experienced attorney will work with the prosecutor to arrive at a just solution that takes into account the victim. Restitution is usually a major component of a financial crimes sentence Avoiding incarceration can sometimes be the difference between completing a restitution requirement and not completing it. After all, defendants can’t work when they’re incarcerated.

Mr. Helfend manages every case personally, so you will always work with him directly on your defense. His plain-English style also means that you’ll always understand the status of your case.

Don’t assume that a guilty plea is automatically your best option, and don’t work with an inexperienced attorney when your freedom is at stake. 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: Mike Cohen, via Flickr.com

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