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 FINRA member Prime Solutions Securities, Inc., perpetrated a ponzi type investment scam bilking investors to the tune of over $20,000,000. For more information, click HERE.

Leave a Reply

Your email address will not be published. Required fields are marked *