Investor Alert > Michael Williams and Kinetic Investment Group Fraudulent Offering Allegations

Posted Mar 11, 2020

by Alan Rosca

Michael Williams and Kinetic Investment Group Fraudulent Offering Allegations

Michael Scott Williams and Kinetic Investment Group, LLC Assets Frozen by SEC for Alleged Fraudulent and Unregistered Securities Offering that Raised Approximately $39 Million from at Least 30 Investors

Michael S. Williams and Kinetic Investment Group, LLC allegedly engaged in violation of United States Securities Law, breach of fiduciary duty, fraudulent and unregistered securities offering and making material misrepresentations to investors who they solicited to invest in Kinetic Funds I LLC, a purported hedge fund they managed. Williams and Kinetic Investment Group, LLC allegedly represented that Kinetic Funds’ largest sub-fund invested solely in U.S. listed financial products and that at least 90% of its portfolio was hedged using the listed options. Williams and Kinetic Investment Group‘s fraudulent offering allegations are under review by investor rights attorney Alan Rosca.

Investor rights attorney Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Michael Williams and Kinetic Investment Group’s alleged violation of United States securities laws, breach of fiduciary duty, fraudulent and unregistered securities offering and making material misrepresentations to investors who they solicited to invest in Kinetic Funds I LLC, a purported hedge fund they managed.

Investors who believe they may have lost money in activity related to Michael S. Williams’ and Kinetic Investment Group, LLC alleged securities violations are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Michael Williams and Kinetic Investment Group Invested a Significant portion of the Sub Fund’s Assets in a Private Start Up Company Owned by Williams.

Michael Williams and Kinetic Investment Group, allegedly used funds from investors in a private start-up company owned by Williams. Williams and Kinetic Funds allegedly told investors that at least 90% of its portfolio was invested solely in U.S. listed financial products.

Michael Williams and Kinetic Group allegedly Misappropriated $6.3 Million Through Undisclosed Loans to Himself and His Entities.

Michael Williams and Kinetic Group allegedly misappropriated $6.3 million through undisclosed loans to himself and his entities. Williams gave false comfort to investors that their investment was secure and liquid. Kinetic Group and Williams allegedly diverted a substantial portions of investor capital to Williams’ various business ventures and personal expenses.

Williams and Kinetic Group allegedly violated the antifraud provisions of the anti-fraud Federal Securities Law. Williams allegedly aided and abetted Kinetic Groups’ violations of Federal Securities Law.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.

Securities Lawyers Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Michael Scott Williams and Kinetic Investment Group fraudulent offering allegations. 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, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Michael Scott Williams and Kinetic Investment Group, LLC alleged securities violations 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.

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