Did you or someone you know invest with Aequitas Income Opportunity Fund II? Currently, there is litigation against the fund which alleges that there was a scheme to defraud and misuse client assets in connection with investments offered by brokers at brokerage firms through the Aequitas group of companies. The brokers who touted Aequitas defrauded investors into thinking that they were investing in trade receivables through healthcare, education, transportation or consumer credit sectors. In reality, most of the investor funds were used to repay earlier investors and to pay the operating expenses of Aequitas itself. In May 2014, Aequitas suffered significant cash flow shortages. In 2015, Aequitas continued to raise funds by making false and misleading statements and material omissions of fact to investors. A broker has an ironclad duty to only recommend investments that are suitable for investors by taking into account his or her net worth, age, investment strategies and investment portfolio objectives. If he does not, his brokerage firm may be responsible for losses incurred by the client. Aequitas Income Opportunity Fund II was not suitable for all investors and you may find out how to recover your losses by calling our Chicago-based law firm at 312-332-4200 and speaking to an attorney for free. Please call today as there is a statute of limitations on most cases.