Soreide Law Group, PLLC, had begun an investigation on behalf of clients of Jason T. Knapp, formerly employed by Dawson James Securites. Knapp was charged with allegedly running a Ponzi scheme through SteepleChase Group. Knapp allegedly promised his clients, many from New York and Florida, unrealistic returns of 18 to 20 percent. Knapp was registered with Dawson James Securities from September, 2008, through June, 2012. There are questions as to whether Dawson James properly supervised Knapp while he was registered with the brokerage firm.
Jason T. Knapp was arrested in New York, and charged with second degree grand larceny, a felony, for allegedly stealing $60,000 from a personal friend from Indian Lake, New York. Knapp allegedly took money from clients and friends to invest in SteepleChase, but instead of investing the money, he was using that money to pay other, earlier investors, and for his own personal use. Basically, it was a Ponzi scheme.
Call and speak to a lawyer, at no cost, if you were a client of Jason T. Knapp of Dawson James Securities. Soreide Law Group, PLLC, represents investors nationwide before the Financial Industry Regulatory Authority (FINRA) and can be reached at 888-760-6552.
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