Breaking News | SEC Charges Long Island Investment Professional in $8 Million Scam Targeting Long-Standing Brokerage Customers
Breaking News | SEC Charges Long Island Investment Professional in $8 Million Scam Targeting Long-Standing Brokerage Customers

FOR IMMEDIATE RELEASE 2018-96 Washington D.C., May 30, 2018 — The Securities and Exchange Commission today charged a former registered representative with defrauding long-standing brokerage customers in an $8 million investment scam.  According to the SEC’s complaint, Steven Pagartanis, who was affiliated with a registered broker-dealer, told some investors – including retirees who had been Pagartanis’s customers for many years – that he would invest their funds in either a publicly-traded or pr...

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