PHILADELPHIA, June 21, 2018 /PRNewswire/ -- The Goldman Scarlato & Penny, P.C. law firm is investigating potential claims on behalf of investors in securities offerings orchestrated by Perry Santillo, Christopher Parris, Paul Anthony Larocco, John Piccarreto, Thomas Brenner, First Nationle Solution LLC, Percipience Global Corp., and United RL Capital Services, in the wake of the Securities and Exchange Commission allegations of investment fraud against those persons and entities.
Perry Santillo, Christopher Parris, and several of their associates have been charged by the SEC with fraudulently raising more than $102 million from at least 637 investors across the country, through material misrepresentations and omissions. The SEC has alleged that Santillo, Parris, and their local sales people, including Piccarreto, LaRocco, and Brenner, associates, fraudulently induced investors to withdraw their savings from traditional investments and invest in businesses controlled by Santillo, Parris, or their associates, including First Nationle, Percipience, and United RL.
According to the SEC, unbeknownst to their investors, those businesses' operations were either limited or non-existent, and after receiving investor funds the defendants converted those funds and used them for unauthorized purposes, including to pay for a luxurious lifestyle.
The Goldman Scarlato & Penny lawyers' investigation concerns whether investors in Santillo's First Nationle, Percipience, and United RL may be able to seek compensation from third parties that may have improperly assisted the alleged fraud, for investments procured from them through alleged material misrepresentations and omissions.
What You May Do
The Goldman Scarlato & Penny investor rights lawyers are evaluating potential claims for compensation on behalf of investors in Perry Santillo's businesses, First Nationle, Percipience, and United RL. If you invested in any of those entities, you should call us to discuss your legal options to seek compensation for your investment.
If you would like more information about how you might do so, you should contact the Goldman Scarlato & Penny investor lawyers Alan Rosca or Paul Scarlato at rosca@lawgsp.com scarlato@lawgsp.com, or by phone at 888-998-0530.
Goldman Scarlato & Penny prosecutes securities fraud and other cases on behalf of investors throughout the U.S. For more information and updates about this investigation visit www.investorlawyers.org.
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SOURCE Goldman Scarlato & Penny, P.C.