A former radio host charged with securities fraud apparently tried to take an unusual approach to derailing an investigation against her. The radio host is accused of diverting investor funds to repay earlier investors and pay personal expenses.
Last August, investigators searched the woman’s home and found evidence that she had attempted to cast “hoodoo” spells on SEC lawyers. Investigators theorize that the woman tried to use black magic to throw investigators off of her trail. The approach didn’t work. The SEC charged the woman with bank fraud, wire fraud and then making false statements on loan and credit applications.
SEC investigators say that the woman targeted elderly and inexperienced investigators. She collected money from about four dozen individuals to invest in her luxury sports apparel firm. The woman promised investors guaranteed annual returns of up to 15%.
Last July, the SEC barred the woman from selling secured interests in her company because she ignored the agency’s inquiries.
California securities fraud attorney
When you face securities fraud charges, you have a limited opportunity to develop and deploy a strong defense strategy. Instead of casting spells, hire an experienced securities fraud attorney like Robert Helfend. He has nearly 35 years of experience in criminal defense. Mr. Helfend takes cases in both federal and state courts.
Securities fraud charges can be very serious. The federal government can file civil actions, criminal actions or both. Regardless of how the government comes after you, you need serious, prepared and aggressive representation. The consequences of having no counsel or inexperienced counsel can cost you your livelihood, your freedom and your resources.
Don’t rely on inexperience to protect your freedom and your interests. 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: Stephanie Kroos, via Flickr.com