Madyson Capital Asset Freeze; Receiver Appointed
UPDATE: February 2, 2018. DORA disciplines brokers Dennis Farrah and Mark Raezer over Madyson sales. The Law Office of David Liebrader files claims, opens investigation.
The securities attorneys at The Law Office of David Liebrader have opened an investigation into the securities related conduct of Madyson Capital Management after the firm and its founder Joseph Ryan were charged by the Colorado Securities Commissioner with engaging in securities fraud and misleading investors by using money raised to support Ryan’s extravagant lifestyle.
At a recent hearing the court appointed a Receiver to take control over all of Madyson Capital’s assets. This followed on a prior order freezing the company’s assets.
The Law Office of David Liebrader presently represents two clients who suffered over $500,000 in losses in the Madyson investment. These clients have filed claims against brokers Dennis Farrah and Mark Raezer, who recently were sanctioned by the Colorado Division of Securities
Madyson Capital, which has offices in Colorado Springs, Colorado and Henderson, Nevada has been accused of using investors’ money to pay for homes, cars and jewelry for Ryan and his immediate family. The company and its affiliates Madyson Equity Group, Madyson Holdings, Madyson Realty Fund and Madyson Realty Partners are all subject to the asset freeze.
According to the complaint Ryan promoted Madyson Capital as a successful company that had a strategy of buying distressed properties, rehabilitating them, and then renting them out as rentals. Investors stood to profit from Madyson and Ryan’s special skills in acquiring the properties. In reality, once the funds were raised, Ryan misdirected them to pay for jewelry, luxury vehicles and even medical bills for his girlfriend.
The allegations in the complaint filed by Commissioner Rome have not been proven, and until a judgment is rendered no adverse inference should be drawn as to the guilt of any of the Defendants.
Mark Raezer was previously securities licensed with Taylor Capital Management. His industry background via FINRA’s broker check can be found here.
Dennis Farrah was previously securities licensed with Taylor Capital Management, Sicor Management and Questar Capital. His industry background via FINRA’s broker check can be found here.
If you have information that might be helpful to our investigation or if you suffered losses investing with Madyson Capital or brokers Mark Raezer or Dennis Farrah please call The Law Office of David Liebrader at (702) 380-3131 for a free, confidential consultation to discuss your legal rights and options. Our firm takes cases on a straight contingency fee, with no money up front, and no money owed unless there is a recovery.
There is no charge for an initial consultation, so call (702) 380-3131 today to speak with an experienced securities attorney who will fight to recover your losses.
The Law Office of David Liebrader practices exclusively in the field of investment loss recovery. For the past 23 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions. During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies. The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.