Marc’s Blog

Carlos Ricca “-” we were all glad to know you.

Carlos Ricca “-” we were all glad to know you.

Posted by on Aug 29, 2014 in Marc's Blog

My second “tour” at Prudential-Bache Securities began in August 1988. Even though I had worked there before, I was told I had to attend orientation. Another lawyer was starting at the same time. His name was Carlos Ricca. We didn’t […]

Readmore

A Senior Citizen Scam “-” Michael Lieberman at 866-883-2294 who claims to be from a law firm.

A Senior Citizen Scam “-” Michael Lieberman at 866-883-2294 who claims to be from a law firm.

Posted by on Jul 10, 2014 in Cold callers, Fraud, Marc's Blog

I am not the only lawyer in my family.  My sister, Andrea, is a bankruptcy lawyer in New Jersey.  My dad is a retired lawyer after having practiced 40 years with one firm in Pennsylvania.  I have three other members […]

Readmore

Ex-Newbridge Securities Broker Sentenced to Six Years in Prison “-” No Surprise Here.

Ex-Newbridge Securities Broker Sentenced to Six Years in Prison “-” No Surprise Here.

Posted by on Jul 8, 2014 in FINRA, Marc's Blog, securities

The Palm Beach Post reports that Brent Deviney had a gambling addiction.  He blames that gambling addiction for the theft of funds from his in-laws.  If anyone had looked at Deviney’s record with any sort of jaundiced eye, they would have […]

Readmore

Wait.  There are corrupt public officials?  SEC enjoins a municipal bond offering.

Wait. There are corrupt public officials? SEC enjoins a municipal bond offering.

Posted by on Jun 26, 2014 in Marc's Blog

This is unbelievable. The city of Harvey (named after the invisible rabbit?), Illinois, is the subject of an injunction order obtained by the SEC which alleges that its offering documents are fraudulent. I don’t even know where to begin. Let’s see […]

Readmore

Coastal Equities Cold Calls Again. Welcome Back.

Coastal Equities Cold Calls Again. Welcome Back.

Posted by on Jun 25, 2014 in Cold callers, Cold Callers, Marc's Blog

A New York number rang up. It was “Clark” from Coastal Equities. Coastal Equities has called me before and I’ve asked them to not call me again. I asked “Clark” for his last name. He told me it was “Pennington”. […]

Readmore