Ahmed Ghassan Gheith Allegedly Participated in Private Securities Transactions without Providing Notice or Receiving Approval from Paulson Investment Company
Ahmed Gheith allegedly participated in private securities transactions without providing notice or receiving approval from Paulson Investment Company, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) under review by attorney Alan Rosca.
Attorney Alan Rosca, of the RoscaLaw LLC firm, is investigating activity related to Ahmed Gheith’s alleged private securities transactions. Investors who believe they may have lost money in activity related to Ahmed Gheith’s alleged private securities transactions are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Gheith allegedly contacted four customers and referred them to other registered representatives at his firm to discuss making an investment in a private offering, the AWC notes.
Gheith also allegedly worked with Kevin Graetz and Minish Hede, all of whom worked for Paulson Investment Company, and whom allegedly solicited investors to invest in Belize Infrastructure Fund and Canyon Acquisitions, LLC, a project purportedly designed to build an airport in Belize, the AWC reports.
Gheith, Graetz, and Hede’s allegedly led investors to sink $3.5 million into said Belize investment, and Gheith, Graetz, and Hede allegedly did not have permission from their brokerage firm, Paulson Investment Company, to solicit said Belize investments, the AWC notes.
Ahmed Gheith Suspended and Fined $10K & Ordered to Pay Disgorgement of $31,055
Ahmed Gheith, of New York and Corvallis, New York, based on the alleged aforementioned behavior, purportedly violated FINRA Rules and therefore Gheith has been suspended from the securities industry for one year, fined him $10,000, and ordered him to pay $31,055 in disgorgement by FINRA, according to the aforementioned AWC under review by attorney Alan Rosca.
Ahmed Gheith was a financial advisor and registered representative of Paulson Investment Company from January 2014 to August 2017, and worked at a branch office in New York City, the AWC notes.
One should also note that, according to the AWC, Ahmed Gheith neither admitted nor denied the FINRA findings.
Securities Lawyer Investigating
The RoscaLaw firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Ahmed Gheith’s alleged private securities transactions. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions, and has helped recover tens of millions of dollars on behalf of investors.
Investors who believe they lost money as a result of Ahmed Gheith’s alleged private securities transactions may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at email@example.com, or through the contact form on this webpage.