Prince Group and Chen Zhi’s $15 Billion Bitcoin Seizure Under Fire
A dramatic new court filing in the United States District Court for the Eastern District of New York is raising questions about the largest Bitcoin forfeiture cases ever brought by the federal government concerning the Prince Group and Chen Zhi. The case centers on approximately 127,271 Bitcoin, that the Department of Justice alleges is connected to criminal […]
Kalshi Payout Disputes: When Traders May Need a Lawyer
MDF Law PLLC represents investors and consumers in complex financial disputes and is reviewing situations where traders have raised concerns about the settlement of Kalshi event contracts. While the existence of a dispute does not imply wrongdoing by Kalshi or any exchange, traders who believe a contract was resolved incorrectly may wish to understand how […]
Are Crypto, Romance, or Pig Butchering Scams Tax Deductible Under IRC 165?
In March 2025, the IRS Office of Chief Counsel issued important guidance addressing whether victims of modern financial scams may deduct their losses under Internal Revenue Code Section 165. The memorandum analyzes a range of increasingly common fraud schemes, including cryptocurrency investment scams, phishing attacks, impersonation schemes, romance fraud, and grandparent scams. For individuals who […]
When Your 1031 Exchange Goes Bad: Delaware Statutory Trust (DST) Litigation
MDF Law PLLC represents investors in matters involving 1031 exchange lawsuits and Delaware Statutory Trust (“DST”) litigation arising from distressed or failed investment offerings. The firm is currently evaluating and pursuing claims on behalf of investors whose DST interests have experienced suspended distributions, refinancing failures, material valuation declines, or foreclosure proceedings. If you invested in […]
Marat Likhtenstein Arrested by Brooklyn DA’s Office: What it Means for Victims?
MDF Law is interested in speaking to former clients of Marat Likhtenstein, a former financial advisor from Brooklyn, New York who was arrested for stealing from clients. If you or someone you know invested with him, call MDF Law at 800-767-8040 for a free and confidential consultation. Federal Fraud Complaint Alleging Ponzi-Like Scheme Targeting Jewish-Russian […]
Inspired Healthcare Capital: Investor Recovery Post-Bankruptcy
MDF Law PLLC is investigating potential FINRA arbitration fraud claims involving Inspired Healthcare Capital (IHC), a Scottsdale, Arizona–based private equity sponsor that raised substantial capital for senior housing, healthcare real estate, and senior living investment programs nationwide. The law firm is pursuing claims against the broker-dealers and financial advisors who sold the investment, not Inspired […]
Randy Moshtael Allegedly Charged Excessive Commissions
Randy Moshtael (CRD# 1036474), a broker registered with Oppenheimer & Company, charged excessive commissions, according to an investor dispute. MDF Law is investigating the Los Angeles-based financial professional for similar conduct. If you are a current or former customer with concerns about your portfolio, we encourage you to reach out for a free consultation. Continue […]
Jim Turpin, USA Financial Broker, Involved in Theft Allegations
Jim Turpin (CRD# 5937001), formerly a broker registered with USA Financial Securities Corporation, committed forgery and theft, according to an investor dispute. MDF Law is investigating the former Haddonfield, New Jersey-based financial professional for similar conduct. Investors who suffered losses in their accounts should contact us for a free consultation. To learn more about Mr. […]
Jim Geake Allegedly Recommended Unsuitable REITS
Jim Geake (CRD# 2629008), a broker registered with Madison Avenue Securities, recommended unsuitable alternative investments, according to investor disputes. MDF Law is investigating the Skokie, Illinois-based financial professional, who does business as Wayne Messmer & Associates, for similar conduct. We urge investors with concerns about their portfolios to reach out for a free consultation. Continue […]
Sebastian Bongiovanni Investigated by FINRA
Sebastian Bongiovanni (CRD# 4398600), formerly a broker registered with Spartan Capital, violated securities industry rules, according to proposed allegations. MDF Law is investigating the former New York City-based financial professional for similar conduct. If you are a former client with concerns about your accounts, reach out for a free consultation. Continue reading this post to […]