New York, NY -- (ReleaseWire) -- 02/14/2017 --Investment scams are real. In fact, many investors and individuals become victims of investment mismanagement and stock broker abuse every day. According to the Financial Industry Regulatory Authority (FINRA), more than 800 brokerage firms were prosecuted for investment fraud and mismanagement in 2015. These cases resulted in over $95.1 million in fines for firms and parties responsible, and another $96.6 million paid in restitution for victims.
Investment scams and fraud involves a number of deceptive and unethical practices used to influence investors and individuals to make investment decisions. These scams and fraudulent acts can involve providing untrue or misleading information or opportunities, and may involve stocks, bonds, notes or even real estate. This could include pyramid schemes, Ponzi schemes, pump-and-dumps, advance fee fraud, off-shore scams, among many other types of scams.
Cold Spring Advisory Group (CSAG), a reputable, professional, experienced and trustworthy consulting firm has reviewed hundreds of cases that have involved broker mismanagement and abuse through the years, and has also helped these individuals and investors prepare claims against the responsible parties.
About Cold Spring Advisory Group
Cold Spring Advisory Group is a professional firm that specializes in stock market recovery and investment loss. The team is based in New York, NY and has over 25 years of experience in trading, branch management at prestigious brokerage firms, and in investment management and portfolio management. In fact, Cold Spring Advisory Group has helped some investors with over $200,000 in damages and losses.
The Process for Reporting Investment Fraud
Through the years, Cold Spring Advisory Group has seen many individual and investor cases that have involved various types of investment fraud and scams. For those who believe they have become a victim of investment fraud, there is a process for reporting fraud and moving forward.
Create a file
The first step is to create a file with all the necessary statements, correspondence, documentation, a broker's contact information, and so on. Any documentation or correspondence to and from a brokerage firm should be organized in this file. This will ensure that all necessary paperwork is in one place when it's time to file a report and a claim.
Know your rights
Individuals and investors have rights protecting their interests mandated by the federal and state governments. For more information concerning investors' rights, the U.S. Department of Justice provides information on victim rights and financial fraud. State victims can also check with the state Attorney General. FINRA is also another resource that provides information on broker conduct that is prohibited in the securities industry.
Report claims
Investors and individuals are encouraged to contact the national, federal, and state regulatory agencies. Additionally, investors and individuals also have the right to pursue legal action or undergo an investigation.
The Cold Spring Advisory Group is comprised of a team of investment and financial experts with experience in broker firms and branch management that is available to help investors and individuals with their reports and claims.
A Team Dedicated to Reviewing Claims.
The team at Cold Spring Advisory Group provides professional case analysis and preparation on behalf of clients and investors. The team is available to review and analyze investors' accounts and portfolios to determine if broker abuse and mismanagement is present as well as strategize a plan of action and prepare the case for arbitration, if necessary.
Contact:
If you have suffered a loss or believe your finances have been mismanaged in any way, then contact the experienced team of experts at Cold Spring Advisory Group today. You can also learn more about the Cold Spring Advisory Group process here.
Call the team at Cold Spring Advisory Group at 212-566-6060 to schedule a free consultation.