Activities of Ricardo Cabrera subject of Nevada Secretary of State’s Administrative Order against G.F. Investment Services.
The securities attorneys at The Law Office of David Liebrader have opened an investigation into the sales activity of Ricardo Cabrera, a Las Vegas based investment advisor formerly affiliated with G.F. Investment Services as well as Wittman Capital Management. Our firm has received multiple calls from investors who were placed into illiquid investments through Cabrera and Wittman’s sales activities in Nevada.
The administrative action that gives rise to this investigation is the NV Secretary of State’s (Securities Division) administrative order dated September 4, 2018: “In the matter of G.F. Investment Services, LLC”. In its findings of fact, the Securities Division found that Ricardo Cabrera, while licensed with G.F. Investment Services operated an unlicensed branch office in Sun City Summerlin that was a co-location with Wittman Capital Management. The NV SOS found that Cabrera transacted business from the Sun City branch, which was never properly licensed through G.F. Investment Services.
As a result of Ricardo Cabrera transacting business at the Sun City location, G.F. Investment Services was found to have been operating an unlicensed branch office in violation of the Nevada Securities Act and was ordered to pay a fine and the costs of the investigation. Ricardo Cabrera terminated his affiliation with G.F. Investment Services on December 31, 2017.
Ricardo Cabrera registration and disciplinary history
In order to lawfully sell investments to the public, an individual must either be registered or exempt from registration. FINRA maintains a database that the public can access to check the credentials of firms and their financial advisors. The website, also known as broker check has a listing for Ricardo Cabrera, who is no longer licensed as a broker, but instead is registered as an investment advisor with Change Path, LLC. Cabrera has been the subject of two customer disputes.
If you are the victim of investment fraud, or have had your account over concentrated in illiquid private placements 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 the 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.