KS Cartel LLC Charged with Fraud | Recover Investment Losses

KS Cartel LLC Charged with Fraud | Goodman & Nekvasil P.A. May Recover Investor Losses

According to the SEC:  

The Securities and Exchange Commission charged Texas residents Christian Kranenberg and Sebastian Silea, and their company KS Cartel, with defrauding dozens of investors out of $1.1 million through a fraudulent and unregistered securities offering.

The SEC’s complaint alleges that Kranenberg and Silea falsely held themselves out to prospective investors as highly qualified business and industry professionals with a history of successful trading. According to the complaint, KS Cartel, Kranenberg, and Silea falsely guaranteed that investors would lose no more than 50 percent of their initial investment, and claimed, without any reasonable basis, that investors should expect monthly returns of 20-30 percent. The complaint alleges that they provided investors phony account statements depicting profitable trading. The complaint further alleges that Kranenberg, Silea, and KS Cartel used only a fraction of investor funds for trading and instead used most of the funds on personal expenditures and for payments of purported profits to investors.

Investors in KS Cartel LLC May Recover their Losses with Goodman & Nekvasil, P.A.

If you invested in KS Cartel LLC, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a St. Petersburg, FL law firm with a national practice representing victimized investors, has recovered more than $200 million dollars on behalf of victimized investors.

All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.

There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

If you incurred investment losses with KS Cartel LLC and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.

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