FRAUD ALERT! Daniel Vazquez and Gilbert Fluetsch of California
SEC Files Case Against Daniel B. Vazquez Sr. and Hoplon Financial Group
Have you lost money investing in the New Economic Opportunities Fund I through financial advisor Daniel B. Vazquez, Sr.? The Securities and Exchange Commission (SEC) filed a complaint against Vazquez and his investment advisory firm, Hoplon Financial Group, regarding the New Economic Opportunities Fund.
The SEC alleged that Daniel Vazquez and Gilbert Fluetsch, both from California, raised $2.18 million from 27 investors, in what was purported to be a real estate flipping venture. The SEC further alleges that Vazquez and Fluetsch misappropriated $780,000 of that money to pay personal expenses.
Daniel Vazquez Sr. was a financial advisor and registered representative of Investors Capital Corp. from September 2011 to November 2013. Vazquez was also affiliated with Cetera Advisors from November 2013 to May 2016, and with Foothill Securites from September 2009 to September 2011. Vazquez worked in a branch office in Irvine, California. Vazquez is already facing numerous customer complaints related to the New Economic Opportunities Fund.
Israels & Neuman is an investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. Our attorneys have represented over 1,000 investors throughout the country, including investors in southern California in FINRA arbitration. We have previously represented clients against Investors Capital Corp. and Cetera Advisors.
Click to view: Vazquez, Daniel SEC Complaint
Click to view: Vazquez, Daniel BrokerCheck 1.23.18
If you lost money with Daniel Vazquez, New Economic Opportunities Fund, Investors Capital Corp., or Cetera Advisors, please CONTACT ISRAELS & NEUMAN for a free consultation.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.