SEC Obtains Emergency Court Order to Freeze Assets of a Former LPL Adviser

Posted on September 20th, 2017 at 10:56 AM
SEC Obtains Emergency Court Order to Freeze Assets of a Former LPL Adviser

From the Desk of Jim Eccleston at Eccleston Law LLC:

The United States District Court for the District of Colorado has issued an emergency court order to freeze all assets of former LPL adviser, Sonya Camarco along with her investment companies, Camarco Investments Inc. and Camarco Living Trust.

According to the SEC’s complaint, Ms. Camarco stole money from her clients’ accounts by forging their signatures on checks made payable to “C Investments.” Ms. Camarco then sent the checks to her own private P.O. Box and used the stolen client funds to pay off her personal credit card debt and mortgages.

Furthermore, when confronted by investors, Ms. Camarco lied and told them that the “C Investments” were outside investments made on their behalf, even though she purportedly told LPL she had no affiliation with the investments.

The SEC is seeking penalties against Ms. Camarco, a permanent injunction and disgorgement of her allegedly ill-gotten gains.

The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial advisors including Broker Litigation & ArbitrationStrategic Consulting ServicesRegulatory  MattersTransition Contract Review, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

Tags: Jim Eccleston, Eccleston Law, Eccleston Law LLC, Eccleston, SEC, adviser, court order

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Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

Wayne and Judy S.


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