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Investors Allege Carlos Cortez Recommended Fraudulent Cryptocurrency Funds

Carlos Cortez (CRD #: 5378014), a broker formerly registered with World Equity Group, allegedly recommended fraudulent investments, according to his BrokerCheck record, accessed on November 7, 2022. Read on to learn more about his conduct as a broker.

Investor Disputes

Six pending disputes allege that Carlos Cortez recommended investments in a fraudulent cryptocurrency fund. Investors seek a total of $155,500 in damages.

Sixteen disputes filed from 2021-2022 also alleged that Carlos Cortez recommended investments in a fraudulent cryptocurrency fund. These disputes were settled for approximately $676,000.

A dispute filed on June 24, 2021, alleged that Carlos Cortez recommended a fraudulent investment in a cryptocurrency platform. This dispute was settled for $147,500.

Background Information

Carlos Cortez has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

In the past, he worked for the following firms:

  • World Equity Group (CRD#:29087)
  • Taylor Capital Management (CRD#:43559)
  • Resource Horizons Group (CRD#:104368)
  • Calton & Associates (CRD#:20999)
  • JHS Capital Advisors (CRD#:112097)
  • Ameriprise Financial Services (CRD#:6363)
  • Ameriprise Advisor Services (CRD#:5979)
  • Garden State Securities (CRD#:10083)

Kurta Law Can Help

If you worked with Carlos Cortez and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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