What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: July 17, 2015

Stoltmann Law Offices is investigating Brian Knight, President of United Private Capital Inc., in Lake in the Hills, Illinois. According to a Final Order from the State of Illinois Secretary of State Securities Department, from October 2008 through September 2009, United Private Capital and Knight sold Corporate Guaranty securities to 33 Illinois investors, raising $1,290,000.00. Knight and United Private Capital guaranteed investors a return of a minimum of 20% on their original investment after one year. They also promised that other payouts would be based on the performance of a foreign trading program called The Maize Fund, which is now defunct. In February 2009, the Securities and Exchange Commission (SEC) put The Maize Fund into receivership, stating that it was a ponzi scheme. Knight and United Private Capital was then notified of the complaint against The Maize Fund and the fact that it had been liquefied. Knight then proceeded to send newsletters to the 33 investors, falsely stating that their investments were still successful. None of the newsletters stated that The Maize Fund was in receivership. Then, in April 2009, Knight transferred real estate properties to United Private Capital through an affiliated entity, Strategic Lending Solutions, Inc. because of The Maize Fund receivership.

If you invested money with Brian Knight and United Private Capital Inc., you may be able to recover your financial losses by calling our securities law offices in Chicago at 312-332-4200. We sue firms such as United Private Capital in the arbitration forum to recover money for investors. The call is free with no obligation.

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