8legs: John a. perez

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crime9h ago

Scottsdale man fined for defrauding investors

A Scottsdale man was fined over $240,000 for investment fraud spanning 2018 to 2023.
John A. Perez allegedly posed as a wealthy retired adviser and claimed to teach investors how to grow their money.
The Arizona Corporation Commission ordered $174,087 in restitution and $71,000 in penalties.
Investigators say Perez held training sessions across Arizona, charging between $2,500 and $20,000 each.
Investors allegedly had their TD Ameritrade accounts accessed or managed without disclosure of past criminal convictions.
The ACC cited Perez failed to disclose two prior criminal convictions for property theft.
The scheme involved at least eight individuals or groups across Arizona.
The sessions were described as fee-based investment training.
The ACC’s action followed an investigation announced on November 19.
The article is part of KTAR News’ coverage of Arizona business and regulatory actions.

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