The attorneys at Eccleston Law have launched an investigation following the FBI investigation of two former Edward Jones brokers in South Dakota accused of raising money from clients who invested in what appears to be a Ponzi scheme. Investors with more information are encouraged to contact our attorneys. According to Edward Jones, a client brought the firm's attention to Gibraltar Partners, Inc., which the firm later learned was in the middle of an FBI investigation. Although Edward Jones fired the brokers involved, some of the firm's clients invested money in this Ponzi scheme. In June, a group of investors sued Gibraltar Partners in Federal Court in New York, alleging that Gibraltar Partners, he Rahfco Funds LP, and other defendants were involved in running an alleged Ponzi scheme. Investors are believed to be seeking $100 million in damages in that suit. Other defendants in the investor lawsuit include the following: Rahfco Funds LP, Rahfco Select, Rahfco Management Group, Rahfco Investment Funds LP, Gibraltar Partners dba Gibraltar Partners Inc., Gibraltar Funds dba Gibraltar Funds Inc., Anthony Johnson, Robert Johnson, Christine Johnson, individually and dba Arc Ventures, Allison Johnson, Robert Johnson Sr., Annette Johnson, Randal K. Hansen aka Randy K. Hansen, Glenn Griffin, Vincent Puma, Kevin Nugent, Ward Onsa, Hudson Partners NYC, Spicer Jeffries LLP, SFG Accounting PLLC, Man Financial Inc., Permapave USA Corp., Verigreen, Steller Corporation Services, Capstone Investment Funds LLP, Meidinger & Associates CPA'S Prof LLC, Susan Meidinger, CPA, and Entrust Group dba Entrust Retirement Services. Eccleston Law represents individual and institutional investors nationwide to recover their investment losses caused by securities fraud, unsuitable investment recommendations, breach of fiduciary duty, negligence or other misconduct. We have extensive experience representing investors in arbitration and litigation disputes with securities broker-dealers and investment advisory firms, and have recovered tens of millions of dollars for investors. If you are an investor that has suffered losses investing in Gibraltar Partners, Rahfco Funds, please contact one of our attorneys at 312-332-0000 to discuss your recovery options.
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