April 2017- San Antonio, TX
The U.S. Attorney’s Office for the Western District of Texas announced the arrest of three men who face federal charges for their alleged roles in an advanced fee investment scheme.
Named in the indictment are:
- James Edward Cox, 56, of Waxhaw NC
- Kelly Ray Coronado, 49, of Del Rio, TX
- Gordon Richard Moskowitz, 53, of Sarasota, FL
The indictment alleges that the defendants operated a high yield investment scheme preying on vulnerable parties, most of whom operated international non profits, by promising large scale financing in exchange for up front payments from the non profits.
The defendants face up to 20 years in prison on each charge, if convicted.
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.
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