Marat Likhtenstein

ChapmanAlbin is investigating claims on behalf of investors who may have suffered losses due to alleged fraudulent activity by former Osaic Wealth broker Marat Likhtenstein.

According to public records, Marat Likhtenstein was permanently barred by FINRA in 2024 after he failed to disclose personal loan transactions with a customer—conduct that ultimately led to his termination from Osaic Wealth. In March 2024, he was criminally charged in Brooklyn Supreme Court with multiple counts of grand larceny, fraud, and violations of New York business law tied to a $1.24 million Ponzi-style scheme.

Authorities allege that Likhtenstein issued promissory notes to clients promising returns as high as 20%, but instead misappropriated investor funds for personal use and to make partial payments to earlier clients—hallmarks of a Ponzi scheme. This misconduct occurred while Likhtenstein was a registered representative and operating through his financial services entity, Likhtenstein Financial Planning.

Likhtenstein had worked in the securities industry for three decades and was most recently affiliated with Osaic Wealth from 2018 until his dismissal in 2024. His alleged fraudulent actions raise serious concerns about supervision failures and the broader impact on his clients.

If you invested with Marat Likhtenstein and were promised high returns or received promissory notes, contact ChapmanAlbin. We are actively investigating this matter and may be able to help you recover losses through a FINRA arbitration or other legal action.

Call 1-877-410-8172 or visit chapmanalbin.com to schedule a free consultation.