IRS AGENT OFFERS WORDS OF CAUTION

Andre Martin, a special agent in charge of the Internal Revenue Service- Criminal Investigation Washington Field Office which covers the virginia, Maryland and Washington D.C. area, has published, in The Tidewater News, some wise words of caution to all regarding tax scams and schemes that we should beware of. Martin offers this advice in hopes…

SEC Charges Alabama Broker-Dealer Aura Financial For Churning And Other Violations

According to a Securities and Exchange Commission (SEC) press release, the SEC and the Alabama Securities Commission (ASC) have charged Aura Financial Services, Inc. (Aura), a Birmingham, Alabama based broker-dealer, with churning of custormer accounts, “widespread supervisory failures” and other securities violations. The SEC and ASC believe that the actions of Aura, including several senior…

Florida Investors: Investment Fraud On The Rise

According to Richard Burnett of the Orlando Sentinel, investment fraud is on the rise in Florida. Regulators in Florida say that the number of complaints in Florida about suspicious investment activity has more than doubled. Last year alone regulators at the state Office of Financial Regulation has received 425 complaints.  So, far this year regulators have…