The Securities and Exchange Commission (SEC) announced on January 29, 2014, that the US District Court for the Middle District of Florida, granted the SEC's Motion for Summary Judgment on the SEC's claims against Defendant Gurudeo "Buddy" Persaud. The Court imposed injunctions prohibiting Persaud from violating these provisions of the Securities Act and the Exchange […]

Soreide Law Group, PLLC, has begun investigating potential claims against Money Concepts Capital Corp. and broker, Gurudeo "Buddy" Persaud. The Securities and Exchange Commission charged a former broker in Orlando, Fla., who defrauded investors in an astrology-based Ponzi scheme. The SEC alleges that Gurudeo “Buddy” Persaud lured family, friends, and others into investing in his firm, White Elephant Trading […]