Who Got a letter about the First Global Lawsuit
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  1. #1
    Senior Member Reputation points: 503040
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    Quote Originally Posted by Jstarr View Post
    If anyone on this forum has conducted business with First Global, you might be receiving letters soon.


    CHICAGO, Oct. 03, 2018 (GLOBE NEWSWIRE) -- The White Law Group announces a securities fraud investigation involving the liability that sales agents and brokerage firms may have for selling 1 Global Capital LLC (“1st Global Capital”) to investors.
    Guys, this has nothing to do with MCA brokers. This relates to brokers that brought in investor money (which was then misused).

    No one is claiming 1st Global or its broker’s defrauded merchants. This is about them misleading investors.

  2. #2
    Karen37a
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    Quote Originally Posted by WestCoastFunding View Post
    Guys, this has nothing to do with MCA brokers. This relates to brokers that brought in investor money (which was then misused).

    No one is claiming 1st Global or its broker’s defrauded merchants. This is about them misleading investors.
    If someone has an operation that is stealing money to use for lending or funding...everyone including the janitor in the building can be in trouble

    They will arrest first ask questions later

    The fact that nothing is happening does not mean they are not doing anything...tneymost likly are following the breadcrumb trails

  3. #3
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    Quote Originally Posted by Karen37a View Post
    If someone has an operation that is stealing money to use for lending or funding...everyone including the janitor in the building can be in trouble

    They will arrest first ask questions later

    The fact that nothing is happening does not mean they are not doing anything...tneymost likly are following the breadcrumb trails
    This is absolutely false. Karen, all you do is make up strange (and circular) arguments that don’t make the least bit of sense.

    Only people involved with the fraud (even passively) can be charged with fraud. What the **** do MCA brokers have to do with the fraud? Nothing. Did they raise money? No, that would be the investment brokers. And they would only be facing legal jeopardy if it’s shown that they knew of the fraud (as intent is everything when dealing with felonies). The only exposure an investment broker would be facing is that they would have to repay commissions on monies raised illegally (unless they knew of the fraud - which puts them in legal jeopardy).

    But again, MCA brokers didn’t raise money. They didn’t make any commissions off of raised money (that would be the investment brokers) They simply brokered an MCA deal (none of which is being called illegal or fraud).

    So make some ****ing sense please.
    Last edited by WestCoastFunding; 11-18-2018 at 06:58 AM.

  4. #4
    Karen37a
    Guest
    Quote Originally Posted by WestCoastFunding View Post
    This is absolutely false. Karen, all you do is make up strange (and circular) arguments that don’t make the least bit of sense.

    Only people involved with the fraud (even passively) can be charged with fraud. What the **** to MCA brokers have to do with the fraud? Nothing. Did they raise money? No, that would be the investment brokers. And they would only be facing legal jeopardy if it’s shown that they knew of the fraud (as intent is everything when dealing with felonies). The only exposure an investment broker would be facing is that they would have to repay commissions on monies raised illegally.

    But again, MCA brokers didn’t raise money. They didn’t make any commissions off of raised money. They simply brokered an MCA deal (none of which is being called illegal or fraud).

    So make some ****ing sense please.
    NOt the Brokers you idiot...the Isos who claimed to be direct funders who white lables and syndicated and backdoored to them

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