Tuesday, June 13, 2017

Mark Sellers and Selden Companies Investigation

Securities attorneys are investigating the action brought by the Department of Justice (DOJ) involving property acquired by Mark Sellers who was accused of a $10 million investment fraud and who shot and killed himself on Aug. 2, 2016.

The DOJ alleges that Sellers fraud scheme involved stealing approximately $10 million from approximately 100 investors through his firm, Selden Companies, LLC, from December 2007 through at least 2015.

The Department of Justice provides a process by which victims who suffer losses from a fraud scheme may seek relief once any assets have been forfeited. Those sorts of proceedings typically yield less than acceptable results for investors, and often time, investors do better hiring their own attorney to pursue their claims.

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Sallah Astarita & Cox, is a national securities law firm representing investors and financial professionals in all 50 states in regulatory, compliance and arbitration matters. You can contact the firm at 212-509-6544 or by email to mja@sallahlaw.com