Update on Cape Elder Securities Fraud Case

Bruce Bierhans
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(866) 735-1102 Ext 540
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Posted by Bruce BierhansJuly 12, 2009 9:45 AM

http://www.bostonherald.com/business/general/view.bg?articleid=1183759

A while back, I wrote about a case involving an 86 year old Harwich woman that was victimized by a financial adviser (so he said) that she met at a Harwich Senior Center investor forum.

This past week, after investigating our clients' claims, Secretary Galvin filed a 43 page securities fraud claims against all potentially responsible parties. Named in the suit were Robert Blaisdell and the Economic Development Finance Corporation.

Our office is further investigating potential claims against an attorney that claimed she was an "elder law attorney" and may have played a role in the scheme, along with Mr. Blaisdell. Once our investigation is complete, additional civil claims will be filed on behalf of our client by our office.

I cannot stress enough how important it is to know who you are dealing with when discussing your personal finances. The fact that someone speaks at a Senior Center does not, unfortunately, mean they are legitimate.

The link above provides you with further information. Feel free to call our office if you feel you have been the victim of securities fraud or any other type of investor fraud.

Bruce A. Bierhans

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