SECURITIES EXCHANGE COMMISSION CLAIMS JERRY CICOLANI AND JEFFREY GAINER ENGAGED IN $20,000,000 PONZI SCHEME

The Securities Exchange Commission has launched a major lawsuit against FINRA brokers Jeffrey L. Gainer and Jerry A. Cicolani, Jr., as well as KGTA Petroleum, LTD and the founders of KGTA, Thomas Abdallah (a/k/a Tom Abraham) and Kenneth Grant, alleging that these brokers, each of whom was registered with FINRAmember Prime Solutions Securities, Inc., perpetrated a ponzi type investment scam …

ATTENTION VICTIMS OF THE KGTA CICOLANI SECURITIES FRAUD-PONZI SCHEME

ATTENTION VICTIMS OF THE KGTA CICOLANI SECURITIES FRAUD-PONZI SCHEME The United States Securities and Exchange Commission (SEC) is charging KGTA Petroleum, Ltd. (“KGTA”) as well as the officers of KGTA and brokers of KGTA securities, Thomas Abdallah (a/k/a Tom Abraham), Kenneth Grant, Jerry Cicolani, Jr. and Jeffrey Gainer with operating a securities fraud/Ponzi scheme. The SEC alleges that Cicolani and …

1.24 Million awarded in Rogers v. Norton case

Click here to view the official FINRA award & dispute resolution document. In a related article by Money Magazine, titled “The Perils of Bad Advice”, it further outlines the details of Rogers’ situation. Click here to read the full article.