ROGER E. DOBROVODSKY, ROBERT TODD SETH & MATTHEW L. WALKER REVIEW
This complaint was posted on NAS on 6th Jan, 2021 and is a permanent record located here: https://www.nameandshame.com/roger-e-dobrovodsky-robert-todd-seth-matthew-l-walker-5YCWG/three-musketeers-of-illegal-sales-sold-21-million-in-global-securities-illegally-id5ydqa .
Three Musketeers Of Illegal Sales: Sold $21 Million in Global Securities Illegally!
Today, The Smart Investor Feed brings you another morally reprehensible fraud.
Roger E. Dobrovodsky, Robert Todd Seth & Matthew L. Walker has been seized/arrested by the U.S. Securities And Exchange Commission (SEC). Shocking right?
We weren’t expecting this as well, but these scammers are getting smarter by the minute, making it harder for us to identify.
Such swindlers seem to be booming in numbers lately. This case is kind of interesting, why don’t I show you why:
Full Report On Roger E. Dobrovodsky, Robert Todd Seth & Matthew L. Walker
The Securities and Exchange Commission today announced charges against an additional three individuals for illegally selling securities of 1 Global Capital, LLC in unregistered transactions to retail investors while acting as unregistered brokers. The SEC previously charged 1 Global, its owner, and others with operating a fraudulent scheme to misappropriate millions of dollars from investors. The SEC also charged 1 Global's largest sales agent for various registration violations.
The SEC's complaints alleged that the three individual defendants, Roger E. Dobrovodsky, Robert Todd Seth, and Matthew L. Walker, were among 1 Global's top revenue producers, cumulatively selling more than $21 million in unregistered transactions to many retail investors. According to the complaints, the defendants marketed 1 Global securities to investors as a safe alternative to the stock market and reaped hundreds of thousands of dollars in commissions on their sales even though they were not registered as broker-dealers or associated with registered broker-dealers.
The SEC charged Dobrovodsky, Seth, and Walker with violations of the securities registration provisions of Sections 5(a) and 5(c) of the Securities Act of 1933 and the broker-dealer registration provisions of Section 15(a)(1) of the Securities Exchange Act of 1934. Dobrovodsky consented, without admitting or denying the allegations of the complaint, to an injunction, disgorgement of $317,690 with prejudgment interest of $32,038, and a $50,000 civil penalty. Seth consented, without admitting or denying the allegations of the complaint, to an injunction, with the amounts of disgorgement, prejudgment interest, and civil penalties to be determined by the court at a later date. In its litigated complaint against Walker, the SEC seeks an injunction and a civil penalty.
Conclusion: Roger E. Dobrovodsky, Robert Todd Seth & Matthew L. Walker Is A Fraud
The report on SEC clearly suggests that Roger E. Dobrovodsky, Robert Todd Seth & Matthew L. Walker never had any intentions to do honest business or provide helpful services. Main intention behind all their actions was to take advantage of the honesty & gullibility of people and scam them. It would be an understatement to call this a mere fraud, this one is a scandal.
If you feel like you are a victim of this scam, then I recommend contacting a law firm and consulting with them about a lawsuit. Companies & firms pay huge reprimands to settle serious lawsuits.
Help Us Fight These Criminals
Do you have evidence against Roger E. Dobrovodsky, Robert Todd Seth & Matthew L. Walker or one of their associates, then please post it here. These criminals rely on their witnesses’ & victims’ silence, if you speak up, then they get exposed and punished for their horrific acts. I started The Smart Investor Feed on this site with only one purpose; to become a nightmare for the financial frauds in the country. I try to post often, so you can bookmark my profile for regular updates on frauds & con-artists.
Full Disclosure: We sourced this piece of information from the SEC database