Recovering Losses caused by Investment Misconduct

Cincinnati Man Alleged Victim of Investment Scam

Tyrone Gilliams Jr. was arrested in an alleged multimillion dollar investment fraud scam on Wednesday, October 5th, 2011. The Manhattan US Attorney accused Mr. Gilliams of running a fraudulent investment scam that involved Treasury Strips, which are derivatives of US Treasury bonds.

According to the allegations against Mr. Gilliams, he is accused of soliciting approximately $4 million from Cincinnati businessman David Parlin and misappropriating at least $2 million of that money. Specifically, authorities allege that Mr. Gilliams used $450,000 to refund money to a previous investor, put more than $218,000 in a real estate title company, and sent $1.6 million to Ghana to invest in a gold deal.

Mr. Gilliams is also accused of using investor money to fund a lavish lifestyle. Mr. Gilliams is the owner of TC Gilliams, LLC. He is also known as an online preacher, a hip hop event promoter, and a former starter for the University of Pennsylvania basketball team.

About Our Firm:

The Law Firm of Meyer Wilson is the only Ohio law firm that is exclusively dedicated to individual investor claims and class actions. Our Ohio investment fraud lawyers have successfully represented Ohio investors in securities arbitration, mediation, and litigation claims against the stockbrokers, brokerage firms, and financial advisors who harmed them. 
 

To schedule a free consultation with an experienced Ohio investment fraud attorney, please call us today at 614-224-6000 or toll-free at 1-866-827-6537. All of our cases are handled on a contingency fee, and we do not request retainers of any kind.

We also invite you to read our FREE book for more information about your rights and potential recovery: Five Signs of Investment Fraud... And What to Do if it's Happened to You.

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