Ex-NYLife Securities Broker Investigated Over Future Income Payments Sales

Ex-NYLIFE Securities Broker Accused Of Selling Investments In Mass Ponzi Scam

If you suffered losses after former NYLIFE Securities broker, Kari Bracy, also known as Kari Falwell, or any other registered representative persuaded you to invest in Future Income Payments, please contact Shepherd Smith Edwards and Kantas (SSEK Law Firm) today.

Our stockbroker securities law firm has been looking into claims involvingFuture Income Payments, LLC。当公司在2018年停止开展业务时，超过2600名投资者欠了超过3亿美元。此后，该公司被指控运行庞氏骗局。

Future Income Payments Targeted Retirees and US Veterans

美国司法部辩称，该实体追求养老金持有人，包括需要钱的美国退伍军人和退休人员。它将继续使用新的投资者的钱来帮助以庞氏骗局方式向早期的投资者支付。

Pensioners were offered lump-sum payments in exchange for part of their monthly pension payments, or even in some cases their disability plans or other benefits programs. Investors were then solicited to buy structured cash flows, which were the pension payments made by pensioners. They were promised a substantial return rate and a monthly income for several years.

投资者在他们的时候失明停止在2018年4月获得这些付款。此后，监管机构指责该公司发行非法贷款，在某些情况下，收取100％的利率。

In November, Scott Kohn, who is accused of operating the Ponzi scam was indicted on conspiracy to commit mail fraud and wire fraud charges.

同时，自那以后，数百名经纪人和财务顾问被指控在投资者的疏忽索赔中被指控breaching their fiduciary dutywhen they sold Future Income’s structured cash flows, making 6-10% in upfront commissions in the process.

Bracy Barred By FINRA After Not Cooperating In Investigation

Kari Bracy came under scrutiny by the Financial Industry Regulatory Authority (FINRA) for selling investments in Future Income. The self-regulatory organization barred the former broker last month after Bracy declined to testify in their probe. She contested the FINRA settlement but without admitting to or denying the allegations.

已经至少有一个客户纠纷声称，当布雷西说服投资者支持本来应该是一项安全，保守的投资时，她做出了虚假陈述，以提供10年的每年7.5％的回报。期货收入支付索赔以8万美元的价格解决。

According to herBrokerCheck record, Bracy, who worked nine years in the industry, was an NYLIFE Securities broker from 2009 to 2019.

Brokerage Firm Negligence

The brokerage firms whose brokers and financial advisors sold these investments should be held liable for inadequately supervising and/or allowing these transactions. If you were sold Future Income Payment structured cash flows by ex-NYLIFE Securities broker, Kari Bracy or any other financial representative, pleasecontact SSEK Law Firm要求您免费的无义务案件咨询。