Financial Advisor Daniel Rudden (Financial Visions, LLC) Customer Complaints

On July 26, 2018, the SEC announced that it was unsealing fraud charges against a group of companies and their principal for allegedly perpetrating a $55 million ponzi scheme.  Daniel Rudden, a resident of Colorado, operated a group of companies named Financial Visions, LLC, Financial Visions West, LLC and Financial Visions West I, LLC.

From approximately 2001 through approximately July 2018, the Financial Visions Companies raised as much as $55 million from as many as 150 investors in multiple states through a promissory note offering.  The Financial Visions Companies paid annual interest rates of 12% on promissory notes by allegedly earning profits through “life insurance assignments.”  The SEC complaint alleges that since 2010-2011, Financial Visions used new investor funds to pay interest and redemptions to existing investors.

The SEC has frozen assets in an effort to maximize the recovery to defrauded investors.

For a full copy of the SEC Complaint, click https://www.sec.gov/litigation/complaints/2018/comp24216.pdf

If you or someone you know has experienced investment losses in promissory notes, please contact the Wolper Law Firm, P.A. at 800.931.8452 or by email at mwolper@wolperlawfirm.com to discuss your specific situation and the legal options available.  The Wolper Law Firm, P.A. represents investors nationwide in securities litigation and arbitration.

Matt Wolper, the Managing Principal of the Wolper Law Firm, P.A., is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities.  Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.  Simply put, he knows how the other side evaluates cases, which gives you a competitive advantage.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]