Boiler Room Fraud Latest News

According to documents discovered by the bank examiners in the forensic investigation, the firms Gerstein Global Future & Westcore Capital Limited misappropriated funds from clients and deposited the money into a bank account which they controlled.

Gerstein Global Futures and Rochelle Finances were accused by one of their customers of having stolen $700,000.00 from the customer's online brokerage trading account by transferring the funds to an account owned by the firm.

A large group of individual investors who lost millions of dollars in a Ponzi scheme operated by Gerstein Global Futures & Rochelle Finances hired the virtual law firm of Trillium Advisory to pursue their claims against the brokerage firms.