Oct 1, 2024 | Bureau of Securities (“Bureau”) | Division of Consumer Affairs (“Division”) | elderly clients | engaging in outside business activities | financial professionals | insurance business | joint checking account | liquidated existing insurance annuities | New York Lending Company | power of attorney | regulation | Revocation Order | seniors | vulnerable individuals | Bureau of Securities | Division of Consumer Affairs | Press Release
Attorney General Matthew J. Platkin and the Division of Consumer Affairs (“Division”) announced that the Bureau of Securities (“Bureau”) revoked the registrations of a New Jersey broker-dealer agent/investment adviser representative for recommending and selling unsuitable, high-risk investments to elderly clients that were not in their best interest, benefitted him financially, and resulted in financial losses for them.
Aug 12, 2024 | "Abra" Trading & Lending Platform | “Abra Boost” | “Abra Earn” | BOS | Bureau of Securities | Crypto Investment Company | DCA | Division of Consumer Affirs | Division of Law | DOL | investors | Multi-State Securities Investigation | New Jersey Department of the Treasury’s Unclaimed Property Administration | Bureau of Securities | Consumer Protection | Division of Consumer Affairs | Division of Law | Press Release
Crypto Investment Company Winds Down U.S. Operations Following Multi-State Securities Investigation For Immediate Release: August 12, 2024 Office of the Attorney General- Matthew J. Platkin, Attorney GeneralDivision of Consumer Affairs- Cari Fais, Acting...
Jul 1, 2024 | Bureau of Securities | Consumer Protection | Division of Consumer Affairs | Press Release
Investors Urged to Beware of Entities Demanding Upfront Payment to Recover Lost Funds.
Jan 16, 2024 | Appointment | Bureau Chief | Bureau of Securities | Elizabeth M. Harris | financial markets | investor fraud | Bureau of Securities | Division of Consumer Affairs | Press Release
Attorney General Matthew J. Platkin has appointed Elizabeth M. Harris to serve as Chief of the Bureau of Securities (“Bureau”), effective today. The Bureau, which operates within the Division of Consumer Affairs, is charged with protecting investors from investment fraud, and with regulating the securities industry in New Jersey.
Dec 21, 2023 | "Oasis" | Fraudulent Investments | NRIA | Oasis Realty Investment Group LLC (“Oasis”) | Real Estate Investment Firm | Bureau of Securities | Consumer Protection | Division of Consumer Affairs | Division of Law | Press Release | Protecting New Jersey Consumers | Protecting New Jersey in Court
Attorney General Matthew J. Platkin announced today that the New Jersey Bureau of Securities within the Division of Consumer Affairs has filed a civil enforcement action against the former vice-president of an NJ-based real estate investment firm that defrauded investors nationwide.
