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Written by 7:22 pm Blog, Current Investigations

Castleberry Financial Services Group | Fraud Charges

Castleberry Financial Services Group Fraud Charges, Featured by Top Securities Fraud Attorneys, The White Law Group

Castleberry Financial Services Group, Investment Losses

According to a press announcement on February 20, 2019, the Securities and Exchange Commission reportedly announced fraud charges and an asset freeze against the operators of Castleberry Financial Services Group, a South Florida-based investment fund scheme.

The SEC reportedly filed an emergency action in federal district court against Castleberry Financial Services Group LLC, and president and the CEO, alleging that in the past year they have defrauded investors out of $3.6 million.

The SEC alleges in its complaint that Castleberry falsely represented to investors it had hundreds of millions of dollars in capital invested in local businesses and a portfolio of hundreds of investment properties. Castleberry purportedly claimed to offer high yields while protecting investors’ principal by having it “fully insured and bonded” by CNA Financial Corp. and Chubb Group, when the insurance companies did not have relationships with Castleberry and did not authorize it to use their logos in Castleberry’s sales materials.

A temporary restraining order and temporary asset freeze against the defendants has reportedly been issued, as well as an order directing the defendants to provide a sworn accounting, according to the announcement.

This information is all publicly available on the SEC’s website and provided to you by The White Law Group.

Free Consultation

If you have concerns regarding your investment in Castleberry Financial Services Group and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit

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Tags: , , , , , , , , , Last modified: April 22, 2019