Paul Marshall

Date:

December 21, 2017

Type of alert:

Fraud  

In August, 2017, Paul Marshall was criminally indicted in the U.S. District Court for the Northern District of Georgia, charged with wire fraud. Previously in 2014, the Securities and Exchange barred Mr. Marshall from working in the securities industry. The SEC’s Complaint alleged that, between 2011-2013, and possibly prior, Mr. Marshall misappropriated investor funds by creating false account statements and lying to clients that their funds were fully invested and earning interest.

According to FINRA’s BrokerCheck report, Paul Marshall began his career as a broker in 1989, while working for PaineWebber Inc. After bouncing around between various brokerage firms, he worked for Bear Sterns & Co. from 2002-2004, then transitioned to Oppenheimer & Co. Mr. Marshall was terminated by Oppenheimer & Co. in 2008, after a customer complaint revealed that he had taken a loan from a customer and engaged in private securities transactions, in violation of securities law. Mr. Marshall then became a broker at American Wealth Management Inc. from 2008-2011. Ultimately, he was barred from the industry.

After leaving American Wealth Management, Inc., Mr. Marshall created the investment advisory firm Bridge Securities LLC and Bridge Equity, Inc., as well as FOGFuels, Inc. Mr. Marshall fraudulently used client funds to pay for luxury vacations, child support, and private school tuition for his kids, among other things. Mr. Marshall has entered a guilty plea as to the charges against him. See United States of America v. Paul Marshall, United States District Court Northern District of Georgia, Case 1:17-cr-00258-LMM-RGV. He now awaits sentencing before the Honorable Leigh Martin May, set for Thursday, February 8, 2018.

Take the next steps to find out if you have a claim:

Step 1.

Talk to an Experienced Attorney Today

Call and speak to one of our attorneys* for a no-cost consultation to discuss your situation, answer your questions, and help you determine the next steps. This call usually takes about 15 minutes, but we are happy to talk to you as long as you would like!

Step 2.

Quick Review of Your Paperwork

If we think you might have a case, we will need to review a few basic documents. If we determine you have a case, then you will have the option to hire us as your attorneys to pursue it.

Step 3.

Signed Attorney/Client Agreement

If you decide to hire us to pursue your case, we will have you sign an attorney-client agreement so we can begin the process of trying to recover your losses.*

*In the vast majority of cases, our agreement is contingent – meaning you won’t owe us any money unless we recover money for you.


Request a Consultation

This site contains attorney advertising. The attorneys at ChapmanAlbin are licensed to practice law in Ohio and Michigan. Any reference to past cases or successes made herein should not be construed as a guarantee of any future outcome. Each client and each client’s case is unique, and no result or outcome is or can ever be guaranteed. The information provided in this website is offered for general information purposes only; it is not offered as and does not constitute legal advice in any way. // Disclaimer