Advisor Charged With Selling Veterans Benefits As Investments
Targeted News Service |
Equity Advisers and its owner
The investment contracts sold by Equity Advisers and Evans were created by
The Securities Division's investigation revealed that Equity Advisers and Evans sold 16 Voyager investments to eight
"Under well-established
The Securities Division interviewed one investor, age 72, who had no personal investment experience. Between 2011-2012, she invested approximately
"This investment scheme has two victims," Director Wilson said. "The veteran gives up important income, and the investor is at risk of losing their entire investment. The only sure winners are those that sell the product and pocket commissions."
Voyager sold these illegal investments across the country and a class action lawsuit against the company is pending in
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