Many of the brokers from John Thomas Financial Inc. (JTF), the New York boiler room that closed after regulators accused the founder Anatasios “Tommy” Belesis of fraud, have found new employers in New York’s financial district writes Zeke Faux in a recent Bloomberg article. The two brothers of John Thomas founder, Tommy Belesis, George and […]

John Thomas Financial CEO, Anastasios “Tommy” Belesis, has been under the scrutiny of the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority Inc. (FINRA) over the past few months. Now he is in danger of losing his office on 14 Wall Street, where John Thomas occupies the entire 23rd floor, according to […]

In another transaction, John Thomas CEO, Anastasios (Tommy) Belesis, of John Thomas Financial, reportedly mismanaged a start-up company marketing software to help police find missing children. Allegedly, John Thomas Financial pocketed or threw away nearly half of $13 million raised for the company, AMBER Ready. Belesis reportedly hijacked the company’s development program, giving consulting contracts […]

Today, the Securities and Exchange Commission (SEC) charged Thomas Belesis, owner of independent broker-dealer, John Thomas Financial, and a Houston-based hedge fund manager, with defrauding investors. The SEC said hedge fund manager George R. Jarkesy Jr., worked closely with Mr. Belesis to launch two hedge funds that raised $30 million from investors, and that as […]

Soreide Law Group is investigating potential claims against John Thomas Financial. John Thomas Financial raised approximately $5,000,000 as the lead underwriter for America West. Many investors have suffered complete losses in this investment. In October 2008, John Thomas Financial acquired 15,000,000 warrants, and 5,000,000 options on America West. John Thomas Financial, owned by Anastasios “Tommy” […]

In an article, Feb. 7, 2013, in the New York Post, it was reported that (broker-dealer owner), Anastasios “Tommy” Belesis' firm, John Thomas Financial, is being investigated by the FBI, the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority Inc. (FINRA). Mr. Belesis has made many media appearances on cable business/financial shows. […]