Sung Hong and Hyun Joo Hong Allegedly Ran an Investment Fraud Scheme which Purportedly Recruited Investors Implementing Religious Organizations & Themes
Sung Hong and Hyun Joo Hong, allegedly made solicitations of several million dollars in investor funds from multiple customers, according to Reports from U.S. Attorney Annette L. Hayes currently under review by attorney Alan Rosca.
Attorney Alan Rosca, of the RoscaLaw LLC firm, is investigating activity related to Sung Hong and Hyun Joo Hong’s alleged investment fraud scheme. Investors who believe they may have lost money in activity related to Sung Hong and Hyun Joo Hong’s alleged investment fraud scheme are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Sung Hong and Hyun Joo Hong, of Clyde Hill, Washington, allegedly claimed to be experienced investment advisors, and also allegedly recruited their investors via religious organizations and common religious beliefs, the Reports note.
The Hongs Allegedly Recruited a California Church; Said Church Allegedly Invested $1 Million with the Hongs and Purportedly Lost Approximately $300,000 on One Trade
One church in California allegedly invested $1 million with the Hongs and lost approximately $300,000 on one trade, according to the aforementioned Reports from U.S. Attorney Annette L. Hayes presently under review by attorney Alan Rosca.
Securities Lawyer Investigating
The RoscaLaw firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Sung Hong and Hyun Joo Hong’s alleged investment fraud scheme. 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 Sung Hong and Hyun Joo Hong’s alleged investment fraud scheme may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@roscalaw.com, or through the contact form on this webpage.