The FBI announced the arrest and extradition of repeat securities fraud offender Edward Durante, also known as:
- Ted Wise
- Efran Eisenberg
- Ed Simmons
Durante was arrested in Germany and returned to the United States where he was charged with securities fraud, wire fraud, money laundering and other charges in an indictment in early January 2016.
Also named in the indictment related to fraud in the selling shares of VGTel, Inc. (VGTL) was Larry Werbel, a broker who recently worked for :
- Concorde Investment Services
- Summit Brokerage Services
- LPL Financial
See this for more on Larry Werbel and how investors who suffered losses in accounts handled by Larry Werbel may be able to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900