Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

Meyer Wilson Investigates Allegations Against Jeffrey Feldman in Connection With $15m Scam

We recently wrote about a Ponzi/pyramid scheme that targeted Spanish and Portuguese speakers in Florida, Massachusetts, and elsewhere throughout the United States. The offerings were made by the company DFRF Enterprises, which claimed to operate various gold mines. The SEC named DFRF Enterprises and other defendants in the complaint, including Jeffrey A. Feldman (CRD# 4440809).

Feldman is a resident of Boca Raton, Florida and the sole officer and director of Universal Marketing Group, Inc., and claims to be a representative for Barbados and London based Accedium Insurance Company, according to the SEC. According to the SEC’s complaint, Feldman made false and misleading statements about DFRF at meetings open to the public as well as on videos that were shared on YouTube and the DFRF website.

In one of the videos, Feldman allegedly states that his insurance company (Accedium) provided risk insurance to DFRF for six years and, during that time, the company received no claims. The SEC claims that Feldman also claims in the videos that Accedium insured 100% of investors’ principal. In reality, says the SEC, Feldman is a convicted felon and not licensed to sell insurance in Florida, nor is Accedium or Universal Marketing Group licensed to sell insurance in Florida.

The SEC says it does not yet know whether Feldman received checks or cash from individual defendants, but allegedly, Feldman did receive $252,000 from DFRF.

Did you invest with Jeffrey Feldman and lose money? We invite you to contact one of the investment fraud lawyers at Meyer Wilson today for a free review of your case so you can learn your legal rights and options.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

614-224-6000
305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

310-905-8688
2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

216-600-1355
4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

248-817-8214
41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram