321 Loans, Jeremy Lee Marcus Debt Relief Companies Investigation – Goldman Scarlato & Penny Fraud Lawyers Investigating on Behalf of Victims

Philadelphia, PA, June 24, 2019 – 321 Loans and several other allegedly fraudulent debt relief businesses organized by Jeremy Lee Marcus including Helping America Group, Instahelp America Inc. and Financial Freedom National Inc., are being investigated by the fraud lawyers at the Goldman Scarlato & Penny PC law firm (“GSP”) on behalf of victimized consumers.

GSP attorneys Alan Rosca and Paul Scarlato are preparing to take action and seek compensation on behalf of victims of the debt relief scheme promoted by Jeremy Lee Marcus. Their goal is to supplement whatever recovery may be available through the receivership proceedings. Consumers who suffered losses through the supposed debt relief services allegedly offered by Marcus-promoted companies such as 321 Loans, Helping America Group, Instahelp America, and Financial Freedom National Inc. may contact attorneys Alan Rosca and Paul Scarlato for a free, no-obligation evaluation of their legal options at 888-998-0530 or rosca@lawgsp.com.

Jeremy Lee Marcus and his companies allegedly sold phony debt relief services, including fake loan and scammed struggling consumers of approximately $85 million, according to a complaint filed against them by the Federal Trade Commission (“FTC”) in May 2017. Marcus and his accomplices allegedly scammed consumers by promising debt relief, debt consolidation services and/or loans at favorable rates, according to the FTC. They allegedly tricked consumers into paying hundreds or thousands of dollars a month under the false promises that they would pay, settle, or obtain dismissals of consumers’ debts and improve their credit. In reality, 321 Loans, Helping America Group, Instahelp America, Financial Freedom, and Marcus’ other debt relief businesses were part of a fraudulent scheme to cheat struggling consumers, the FTC alleged.

What Victimized Consumers Should
Do

If you lost money to Marcus’
allegedly fraudulent debt relief scheme, you should contact fraud attorneys Alan
Rosca and Paul Scarlato for a free, no-obligation evaluation of your
options at 888-998-0530 or via email at rosca@lawgsp.com.

The GSP consumer protection lawyers
represent victims of fraud and abusive consumer practices. They take most cases
of this type on a contingency fee basis and advance the case costs. There are
no fees or costs if no recovery.

For more information about the GSP attorneys
and their practice areas and admissions visit https://lawgsp.com. Attorney advertising. © GSP 2019.

SOURCE Goldman Scarlato & Penny

Related Links

http://lawgsp.com/321-loans-investigation/

UBS Yield Enhancement Strategies Investor Represented by Goldman Scarlato & Penny Securities Lawyers Files Claims to Seek Compensation for Their Losses

PHILADELPHIA, May 9, 2019 /PRNewswire/ — The Goldman Scarlato & Penny investor rights lawyers have filed claims in arbitration on behalf of a UBS YES investor who lost money invested in the UBS Yield Enhancement trading program. The claims were filed against UBS.

Goldman Scarlato & Penny securities attorney Alan Rosca and his partners are working with other UBS Yield Enhancement Strategy (“YES”) investors and plan to continue to file claims for compensation on their behalf. YES investors may contact attorney Alan Rosca or his colleagues Paul Scarlato or Doug Bench for additional information or a free evaluation of their legal options.

Multinational brokerage firm UBS advertised its YES program as an option-based trading strategy that sought to increase returns for investors who committed a certain minimum amount of their portfolio (called a “Mandate”) to the YES program. The investors were often shown a presentation, or “slide deck,” which purported to describe YES program.

UBS YES investors have started seeing substantial losses in their portfolios in December 2018. Those losses have continued to increase even as many investors started expressing serious concerns about the direction of their portfolios and the trading strategy.

In their claims on behalf of UBS YES investors, the Goldman Scarlato & Penny securities attorneys are seeking compensation for the investors’ losses in view of the trading strategy and risk disclosures surrounding the YES program, among others. The claims focus on a number of important issues, including (1) whether the UBS Yield Enhancement Strategy fully and adequately disclosed to investors important and major risks associated with the YES program; (2) whether the YES program was suitable for those investors’ investment profile; (3) whether some investors’ portfolios may have been overly-concentrated in the YES program; and (4) whether the actual trading strategy was consistent with the advertised strategy in the YES presentations and brochures.

The Goldman Scarlato & Penny attorneys have launched a website with updates for UBS YES investors, at https://yieldenhancementlosses.com/.

Investors who believe they lost money invested in UBS’ Yield Enhancement Strategy may contact attorney Alan Roscaor his colleagues, Paul Scarlato or Doug Bench, for a free, no-obligation evaluation of their recovery options, at 888-998-0530 or via email at rosca@lawgsp.com

© Goldman Scarlato & Penny 2019. Attorney advertising. Visit https://investorlawyers.org/ for important disclosures.

UBS Yield Enhancement Strategy Investor Update: Goldman Scarlato & Penny Investor Rights Lawyers File New Case for Additional UBS YES Investors

PHILADELPHIA, May 30, 2019 – The Goldman Scarlato & Penny investor rights lawyers have filed new claims in arbitration on behalf of two additional UBS YES investors who lost money invested in the UBS Yield Enhancement Strategy (“UBS YES”) trading program. The claims were filed against UBS.

This
is the second case filed by the Goldman Scarlato & Penny securities
attorney Alan Rosca and his partners on behalf of UBS YES investors. Attorney
Rosca and his partners are working with more UBS Yield Enhancement Strategy
investors and are preparing additional cases on their behalf, seeking
compensation for their losses. UBS YES investors may contact attorney Alan
Rosca or his colleagues Paul Scarlato or Doug Bench for additional information
or a free evaluation of their recovery options.

The UBS YES investors in the case recently filed by attorney Rosca and his colleagues suffered substantial, seven-figure losses.

UBS
advertised its YES program as an option-based trading strategy that sought to
increase returns for investors who committed a certain minimum amount of their
portfolio (called a “Mandate”) to the YES program. UBS YES investors
have started seeing substantial losses in their portfolios last year. UBS YES investors
who are working with the Goldman Scarlato & Penny lawyers have expressed
serious concerns about the direction of their portfolios and the trading
strategy.

In their newly-filed case on behalf of the UBS YES investors, the Goldman Scarlato & Penny securities attorneys are seeking compensation for the investors’ losses in view of the trading strategy and risk disclosures surrounding the YES program, among others. The claims focus on a number of important issues, including whether the UBS Yield Enhancement Strategy fully and adequately disclosed to investors important and major risks associated with the YES program and whether the actual trading strategy was consistent with the advertised strategy in the YES marketing materials.

The Goldman Scarlato & Penny attorneys have launched a website with updates for UBS YES investors, at https://yieldenhancementlosses.com/.

Investors who believe they lost money invested in UBS’ Yield Enhancement Strategy may contact attorney Alan Rosca or his colleagues, Paul Scarlato or Doug Bench, for a free, no-obligation evaluation of their recovery options, at 888-998-0530 or via email at rosca@lawgsp.com.

© Goldman Scarlato & Penny 2019. Attorney
advertising. Visit https://investorlawyers.org/
for important disclosures.

UBS Yield Enhancement Strategies Investor Alert: Securities Lawyers Investigating UBS YES Trading Program in the Wake of Investor Losses

PHILADELPHIA, March 7, 2019 /PRNewswire/ — The investor rights lawyers at Goldman Scarlato & Penny are working on behalf of UBS YES investors who lost money invested in the UBS Yield Enhancement trading program. They are investigating and preparing to take action and seek compensation for any losses the investors suffered.

Multinational financial services firm UBS offered the Yield Enhancement Strategy as an option-based trading strategy that sought to increase returns for investors who committed a certain minimum amount of their portfolio (a “Mandate”) to this strategy.

UBS offered the Yield Enhancement Strategy typically to high net worth investors, who had to agree to allocate a minimum Mandate to the YES program. Investors were often presented with a presentation, or “slide deck,” which purported to describe the Yield Enhancement program.

In recent weeks UBS Yield Enhancement Strategy investors have started seeing substantial losses in their portfolios. Those losses have continued to increase even as investors started expressing serious concerns about the direction of their portfolios. Some UBS YES investors were reportedly asked to provide additional collateral or are facing margin deficits. What’s worse, it appears that at least some of the UBS YES investors were not able to quickly extricate their savings from the Yield Enhancement programs, and are facing the risk of additional losses.

Securities attorney Alan Rosca and his colleagues are working with investors and are preparing to take action to recover investor losses. Their investigation focuses on important concerns including (1) whether the UBS Yield Enhancement Strategy fully and adequately disclosed to investors serious risks associated with the YES program; (2) whether the YES program was suitable for those investors’ investment profile; (3) whether some investors’ portfolios were overly-concentrated in the YES program; and (4) whether the actual trading strategy was consistent with the advertised YES strategy.

The Goldman Scarlato & Penny lawyers have launched a website with useful information for YES investors: https://yieldenhancementlosses.com/.

Investors who believe they lost money invested in UBS’ Yield Enhancement Strategy may contact attorney Alan Roscaor his colleagues, Paul Scarlato or Doug Bench, for a free no-obligation evaluation of their recovery options, at 888-998-0530 or rosca@lawgsp.com.

© Goldman Scarlato & Penny PC, 2019. This release includes Attorney Advertising. Visit https://yieldenhancementlosses.com/ for important disclosures.