Update For Investors With VGTel, Christopher Cervino and Sheik Khan

AdobeStock_66548440-1-300x169Stoltmann Law Offices continues to investigate Christopher Cervino and Sheik Khan, who were each convicted of one count of conspiracy to commit securities fraud, one count of securities fraud, one count of conspiracy to commit wire fraud and one count of wire fraud. Ms. Khan was also convicted of investment advisor fraud and aggravated identity theft crimes. The two individuals allegedly inflated the market for VGTel Inc., a publicly traded company. They also inflated trading volume, which in turn increased their ability to raise private investments in the stock. Edward Durante, who headed the scheme, pleaded guilty to conspiracy, securities fraud, money laundering and perjury in August 2016 for crimes related to VGTel. Please call our securities law firm today if you suffered losses with VGTel. We may be able to help you recover those losses on a contingency fee basis. The call is free with no obligation.

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