Ahmed Gheith— Alleged Undisclosed Business Activity

Ahmed Gheith Allegedly Made Solicitations to Investors in a Purported Belize Infrastructure Fund & Canyon Acquisitions, LLC, Relating to the Purported Development of an Airport in Belize

Ahmed Gheith allegedly participated in private securities transactions involving Belize Infrastructure Fund and Canyon Acquisitions, LLC 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 participation in an investment scheme and is interested in talking to investors who were recruited to invest in the Belize Infrastructure Fund and/or Canyon Acquisitions, LLC. 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.

Ahmed Gheith of New York and Corvallis, New York, worked with Kevin Graetz and Minish Hede, all of whom worked for Paulson Investment Company, and allegedly solicited investors to invest in the aforementioned firms regarding the purported development of an airport in Belize, the AWC notes.

Ahmed Gheith Has Been Barred and Suspended by FINRA for One Year from Securities Industry, Fined $10K, and Order to Pay $31,055 in Disgorgement

Ahmed Gheith, who was a financial advisor and registered representative of Paulson Investment Company from January 2014 to August 2017, allegedly worked with Graetz, and Hede to solicit investments of up to $3.5 million into the aforementioned Belize investment, according to the aforementioned AWC under review by attorney Alan Rosca.

What is more, Gheith, Graetz, and Hede allegedly did not have the proper permission from Paulson Investment Company to sell these Belize investments, the AWC notes.

Gheith, based on the alleged misbehavior, purportedly violated FINRA Rules and therefore has been suspended from the securities industry for one year by FINRA, fined $10,000, and ordered to pay $31,055 in disgorgement, the AWC reports.

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 arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

How to contact us?

We can also do a Zoom call to discuss your matter.