Scott Newsholme, of Farmingdale New Jersey has been charged by the U.S. Securities and Exchange Commission with stealing more than $1 million from clients. Newsholme was a tax preparer and investment advisor who convinced clients to invest in securities, private ventures, and businesses. He cashed their checks and pocketed the money to support his gambling habits, Ponzi-scheme payments, and personal expenditures, all while fabricating account statements and assuring clients their accounts were secure and increasing in value.
If you believe you have lost money due to Scott Newsholme scheme, please contact Hugh Berkson office at 1-866-932-1295.
Hugh Berkson is a Securities Attorney with McCarthy, Lebit, Crystal & Liffman, Co. LPA. Hugh is rated AV® Preeminent™ by Martindale-Hubbell®.
He obtained a business degree in Finance from the University of Texas at Austin in 1989, and is a 1994 graduate of Case Western Reserve University School of Law, where he was a member of the Order of the Barristers and received both the American Jurisprudence Award, (National Mock Trial) in 1993 and the Jonathan M. Ault Mock Trial Prize for 1993-1994.