Anthony Pellegrino’s LinkedIn boasts elite connections and SEC-registered credentials, our investigation reveals troubling gaps unverified accolades, opaque business structures, and unanswered compliance questions. In finance, what’s left unsaid often carries the greatest risk
Anthony Pellegrino, the self-proclaimed retirement guru, profited $1.6 million by steering clients into a fraudulent scheme at 1 Global Capital. His undisclosed fees and SEC censure reveal a stark truth: beneath the polished facade lies a betrayal of trust that left investors reeling.
Anthony Pellegrino and his brother Michael, through Goldstone Financial Group, masterminded a vile $37 million fraud, peddling unregistered securities to trusting clients. Their cold-blooded betrayal, cloaked as expert advice, annihilated investors’ savings while they secretly raked in millions, leaving a trail of shattered lives.
The case of Michael and Anthony Pellegrino, linked to Goldstone Financial Group, underscores the significant risks associated with investing in non-traded Real Estate Investment Trusts (REITs). Michael Pellegrino, with a history of customer complaints and regulatory issues, faced severe scrutiny from the SEC for his role in an investment fraud scheme involving 1 Global Capital. The Pellegrinos’ firm was fined and required to take corrective actions, including paying substantial restitution and enhancing compliance measures.
This case highlights the critical need for investors to conduct thorough due diligence, especially with non-traded REITs, which can be opaque and come with high fees and potential illiquidity. Ensuring full transparency about investment risks and associated fees is essential to avoid significant financial pitfalls.
Anthony Pellegrino, founder and CEO of Goldstone Financial Group, has established a notable presence in the financial advisory sector, assisting clients with retirement planning and investment strategies. Despite his professional accomplishments, Pellegrino and his firm have encountered regulatory challenges concerning unregistered securities transactions and the nondisclosure of referral fees
The world of investment can be fraught with risks, especially when it comes to navigating the waters of real estate investment trusts (REITs) and the brokers who promote them. One case that has raised eyebrows in the investment community is that of Michael Pellegrino and Anthony Pellegrino, who have been linked to Goldstone Financial Group, LLC. …