Rey Grabato News Today

The New Jersey Bureau of Securities issued a cease-and-desist order against the NRIA, accusing it of $630 million in fraud.

NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP www.kaplanfox.com is investigating claims on behalf of investors in the NRIA...

Following the SEC’s failure to detect and stop Madoff’s fraud, Congress included in the Dodd Frank Act an SEC Whistleblower Program, which provides awards to whistleblowers that voluntarily provide original information leading to successful enforcement actions up to $1 million.

Today Netflix released a docuseries titled “Madoff: The Monster of Wall Street,” which is a stark reminder of the SEC’s failure to act on detailed…

ILOILO CITY -- Mayor Linda Grabato of Mina town, Iloilo province cancelled the scheduled press conference on Tuesday, Oct. 25, regarding the indictment of his son in the United States (U.S.) involving an alleged $650-million investment scam. In a message sent to the Iloilo Provincial Capitol Press

Must reads from around the commercial real estate industry for October 17, 2022.

Instead of making good for big investors, Nick Salzano and Rey Grabato are accused of funneling millions from National Realty Investment Advisors into Shore vacations, a no-show job and even erectile dysfunction meds.

A phony real estate fund allegedly swindled victims out of $650 million using the promise of low-stakes investments that never turned a profit.

The Securities and Exchange Commission announced Oct. 13 it charged NRIA and four of its former executives with running a Ponzi-like scheme.

Two men have been indicted in a scheme that allegedly swindled its victims using the promise of low-stakes investments that never turned a profit.