iCap Enterprises Inc., previously known as Altius Development Inc., and its related companies have made a name for themselves in the real estate business by offering private investment opportunities. However, the company has recently filed for bankruptcy and faces investor lawsuits. Founded in 2011, iCap promised investors returns from Seattle-area real estate projects but failed […]

Thomas Edward Kelly (CRD #1386403, Registered Principal, Johnson City, New York) was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Kelly consented to the described sanction and to the entry of findings that he engaged in a scheme to defraud investors, including firm customers, of funds totaling […]