BRYAN W. ANDERSON (CRD# 3116269), a 40 year-old Hoover, Alabama broker, was charged with fraud and money laundering December 29, 2014. Allegedly Anderson, who was a registered broker for 14 years, conducted a Ponzi scheme between 2009 and May of 2014. State and federal investigators announced that the investors/victims lost over $3 million.
Anderson has entered into a plea agreement with the U.S. Attorney in which he has agreed to plead guilty to the charges and pay restitution of approximately $3.1 million to his victims. He will also forfeit the same amount to the government, as proceeds of illegal activity, plus $368,000, the amount cited in the money laundering charge.
According to statements made in the case, Anderson allegedly conducted the classic Ponzi scheme, making up false promises and phony returns, while stealing millions of dollars from his clients/victims.
According to FINRA's BrokerCheck, BRYAN W. ANDERSON was previously registered with the following securities firm(s):
02/2012 - 10/2012 PRUCO SECURITIES, LLC. (CRD# 5685) - BIRMINGHAM, AL
10/1998 - 02/2012 METLIFE SECURITIES INC. (CRD# 14251) - BIRMINGHAM, AL
10/1998 - 07/2007 METROPOLITAN LIFE INSURANCE COMPANY (CRD# 4095) - BIRMINGHAM, AL
Soreide Law Group represents clients nationwide. If you or a family member have become the victims of a Ponzi scheme, call for a free consultation on how to potentially recover your losses. To speak with an attorney call 888-760-6552.
One or more investors possibly experienced losses because of securities broker Calvin James Heck [CRD: 1025767, Everett, Washington], based on public information found on FINRA BrokerCheck. Evidently, Heck has worked for Wedbush Securities Inc. in Los Angeles, California, since June 27, 2003, and in its Everett, Washington, office since June 11, 2020. Read on to […]
Investors potentially experienced sales practice violations due to securities broker Gregory John Libby [CRD: 2455485, Paramus, New Jersey], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Libby has been employed with Morgan Stanley at its Paramus, New Jersey branch since June 1, 2009, and continues to be registered with the […]
Investors apparently complained about securities broker Prakash Verma (also known as Mike Panjabi, Ramprakash Panjabi, and Mike Verma) [CRD: 4760483, Leander, Texas], based on disclosures found on FINRA BrokerCheck. Evidently, Verma worked for NYLIFE Securities LLC (CRD#: 5167) from November 17, 2004, to June 2, 2025. Read on to find out more about the disclosures […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com