February 06, 2026
A Brooklyn investment adviser has reached a settlement with the U.S. Securities and Exchange Commission to settle claims that he defrauded fellow members of his Russian American Jewish community out of at least $4.1 million, including inherited Holocaust restitution funds.
September 29, 2025
A Brooklyn financial adviser faces U.S. Securities and Exchange Commission allegations he defrauded at least 15 of his fellow members of the Russian-American Jewish community out of at least $4.1 million, including one person whose inheritance included restitution funds for his Holocaust survivor parents.