{"id":11940,"date":"2026-06-12T14:44:49","date_gmt":"2026-06-12T18:44:49","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=11940"},"modified":"2026-06-12T14:44:49","modified_gmt":"2026-06-12T18:44:49","slug":"silver-law-group-wins-2-7-million-finra-arbitration-award-for-victim-of-elder-financial-fraud","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-wins-2-7-million-finra-arbitration-award-for-victim-of-elder-financial-fraud\/","title":{"rendered":"Silver Law Group Wins $2.7 Million FINRA Arbitration Award For Victim Of Elder Financial Fraud"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-9853 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/03\/FiverRecoverysmall.jpg\" alt=\"Silver Law Group recently won a $2,700,000 FINRA arbitration award on behalf of an elderly woman who lost virtually everything she had invested with Edwin Lickiss, who operated a Ponzi scheme out of an Arkadios Capital branch office in Alamo, California for decades. The four-day hearing ended with a panel of arbitrators ruling in our client's favor against broker-dealer Arkadios Capital.\n\nLickiss was criminally indicted in July 2025 and pled guilty to wire fraud and money laundering on May 20, 2026. His son, an Arkadios-registered advisor, worked out of the same branch office from which Edwin Lickiss ran his scheme. Our client, like many of Lickiss's victims, lost nearly everything she had entrusted to him.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/03\/FiverRecoverysmall.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/03\/FiverRecoverysmall-180x120.jpg 180w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Silver Law Group recently won a $2,700,000 FINRA arbitration award on behalf of an elderly woman who lost virtually everything she had invested with Edwin Lickiss, who operated a Ponzi scheme out of an Arkadios Capital branch office in Alamo, California for decades. The four-day hearing ended with a panel of arbitrators ruling in our client&#8217;s favor against broker-dealer Arkadios Capital. <a href=\"https:\/\/www.silverlaw.com\/blog\/silver-law-group-wins-2-7-million-finra-arbitration-award-for-victim-of-elder-financial-fraud\/#more-11940\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silver Law Group recently won a $2,700,000 FINRA arbitration award on behalf of an elderly woman who lost virtually everything she had invested with Edwin Lickiss, who operated a Ponzi scheme out of an Arkadios Capital branch office in Alamo, California for decades. The four-day hearing ended with a panel of arbitrators ruling in our [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[588,593],"tags":[],"class_list":["post-11940","post","type-post","status-publish","format-standard","hentry","category-finra-arbitration","category-ponzi-schemes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Silver Law Group Wins $2.7 Million FINRA Arbitration Award For Victim Of Elder Financial Fraud<\/title>\n<meta name=\"description\" content=\"Silver Law Group recently won a $2,700,000 FINRA arbitration award on behalf of an elderly woman who lost virtually everything she had invested with Edwin Lickiss.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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