Red Flags
8
Brandon Long Denver
Brandon Long Denver’s actions resulted in significant financial loss for vulnerable investors and a breach of trust with federal employees.
Quick summary on Brandon Long Denver
Securities Law Violations: Accused of deceiving federal employees into transferring funds into higher-cost annuity investments. Violated SEC regulations, leading to serious accusations against his professional conduct.
Misleading Marketing Practices: Presented false information, including altering documents and withholding vital details about annuity expenses. Misled investors by suggesting an affiliation with the federal government.
Targeting Vulnerable Investors: Focused on retired federal employees, particularly those aged 59 and above, to maximize commissions. Exploited their trust in government-related investment opportunities for personal gain.
Financial Loss for Investors: The misrepresentation led to financial harm for federal employees, who lost significant amounts due to poor investment choices. The total value of the misdirected funds was approximately $40 million, causing a large-scale financial impact.
Failure to Uphold Ethical Standards: As a financial advisor, he failed to adhere to basic ethical practices by misleading clients and ignoring transparency. His actions have damaged his professional reputation and violated standards of fiduciary responsibility.
Intel Reports
by: Daniel Foster
Preying on the vulnerable... no shame at all..!!!
by: Ella Morgan
He exploited federal employees’ trust just to line his pockets. How low can you go? People lost their hard-earned savings because of his deceit. Disgusting behavior, especially from someone who was supposed to provide honest financial advice. Absolutely unforgivable.