On Sunday, February 16, 2025, Almir Ocanto, a Venezuelan national, was found dead in Broward County. He was wanted in connection with multiple warrants related to financial fraud and scams perpetrated primarily online. Silver Law Group represents victims who were defrauded by Ocanto. Continue reading ›
Aaron A. Wagner, a former college football player, social media financial influencer, and entrepreneur, has been arrested in Utah for misappropriating investor funds. The Department of Justice’s complaint described wire fraud in which Wagner diverted investor funds intended for a restaurant investment and used them to purchase a private plane. He was arrested on October 24th, 2024, for wire fraud and is being held in a jail in Salt Lake City. Continue reading ›
Silver Law Group is investigating B Riley’s recommendation that investors purchase shares of Franchise Group as late as 2023.
Following reports of Franchise Group Inc.’s (FRG) bankruptcy filing in Delaware, B. Riley chairman Bryant Riley sent an email to the firm’s employees stating that he felt “personally sick” in the aftermath. The bankruptcy came just over one year after Riley assisted with the formation of FRG, and the $2.8 billion he helped to arrange for the buyout. The newly formed FRG became a key holding of B. Riley. Shares of B. Riley fell 12% in New York trading following the announcement on Sunday. Continue reading ›
Silver Law Group is representing investors in Franchise Group, Inc (FRG) through B Riley Wealth Management based on investor allegations that B Riley failed to disclose known negative information about FRG and conflicts of interest between FRG principal Brian Kahn and B Riley’s CEO. Continue reading ›
Silver Law Group founder Scott Silver was recently interviewed about a report on the amount of financial loss from investment fraud that originates in the Sunshine State. The report indicates that Floridians lost a total of $311 million to various types of investment frauds in 2023. Only California and Texas have higher losses. Continue reading ›
The SEC recently released a new investor alert detailing ways that investors can be lured into new frauds involving crypto assets with both new and old techniques. Online scams are still the predominant method. But the addition of AI adds a false sense of believability that can make even tech-savvy individuals vulnerable.
Silver Law Group is a national investment fraud law firm with significant experience helping crypto investors recover losses due to fraud through federal court litigation, finra arbitration and SEC whistleblower claims. Continue reading ›
The SEC has filed a complaint against property developer Rishi Kapoor, his companies Location Ventures, LLC (LV), URBIN, LLC (URBIN) and multiple subsidiaries in relation to a $93 million fraud. In the petition, the SEC requested emergency relief, including the freezing of five bank accounts and properties to preserve assets and prevent them from being lost. Continue reading ›
Forensic financial research group Hindenburg Research has just published a new report on Nanban Ventures. This Frisco, Texas-based “investment” company is concentrating its marketing in the Indian American community of the Dallas-Fort Worth area. Continue reading ›
Silver Law Group represents Northstar Financial Services (Bermuda) investors on a contingency fee basis in claims to recover their investment losses. Brokers allegedly sold Northstar Bermuda to investors as a low risk alternative to CDs that protected their principal and guaranteed income. But the company is now in liquidation, leaving investors unable to access their funds. Continue reading ›
Investors with money in some of financier Greg Lindberg’s many companies, including Northstar Financial Services (Bermuda), have suffered significant harm as billions of investor dollars are frozen and liquidation and litigation drag on. Ultimatelly, investors are not expected to recover a significant amount of money.
Lindberg was criminally charged by the US Department of Justice and the State of North Carolina. His first trial ended with a conviction and sentence of seven years in prison, but the verdict was reversed after he spent 633 days in prison. He wrote a book on his prison stint, that included the words “633 Days” in the title, and discussed his “wrongful conviction.” One of the eight reviews on Amazon is from a reviewer who was defrauded by Lindberg and demands his money back.