Stoltmann Law Offices is interested in speaking to those individuals who may have invested money with Raul Enrique Jacobs who entered into an Order of Prohibition with the State of Illinois Secretary of State Securities Department. Jacobs is accused of using $15,000 of client money to purchase a vacation home in Lake Geneva, Wisconsin, payments for a mortgage, credit card and subscriptions to dating websites. A broker such as Mr. Jacobs has a fiduciary duty to legally act in another party’s interests, such as on behalf of his clients. His alleged use of $15,000 of client money is against securities rules and regulations. Jacobs is not currently registered with any member firm. Please call us today if you would like to discuss bringing a claim against him and his former firm for securities transgressions.
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