Mark Sellers Allegedly Orchestrated a Ponzi Scheme

Investors who believe they may have lost money in activity related to Mark Sellers’ alleged Ponzi scheme are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

John Elliott has been registered as a financial advisor with Ameriprise Financial Services from November 2011 to September of 2016. Elliott was terminated by Ameriprise for alleged “compliance policy violations related to selling away”, according to reports from Kansas City. The Peiffer Rosca Wolf lawyers are investigating whether Elliott helped raise funds for Sellers and his Selden Companies scheme from some investors.

Selling away is a term which refers to a financial advisor who solicits investments in companies, promissory notes, or other securities that are not pre-approved by the broker’s affiliated firm.

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