Ohio-based investment advisor, Enrique F. Villalba, Jr., was sentenced
to jail today by a federal judge in Cleveland. Mr. Villalba solicited
investors in several states through his investment advisory business,
Money Market Alternative L.P., by touting an investment strategy that
he professed to be conservative and low risk and that investors would
realize an eight- to 12-percent return while investing conservatively.
Instead, Mr. Villalba invested predominately in commodity futures contracts
and lost nearly all of this clients' money.
The Ohio-based Meyer Wilson LPA is continuing its investigation into the
potential liability of third party financial institutions involved in
Mr. Villalba's investment scheme. As part of the firm's investigation,
the firm's principal, Attorney David P. Meyer, interviewed Mr. Villalba
prior to his criminal sentencing for several hours to learn first-hand
how he operated his scheme. Mr. Meyer also reviewed trading confirmations and
account statements, and examined Mr. Villalba's investment trading strategy in depth.
For that past two years, Meyer & Associates has been pursuing a lawsuit
against a third party brokerage firm on behalf of a group of individual
investors in a separate case with very similar facts.
If you, or someone you care about, invested with Mr. Villalba and you
would like to discuss how our law firm may be able to help pursue a potential
claim to recover losses against the third party financial institutions
involved in Mr. Villalba's investment scheme, please contact Attorney
David P. Meyer by calling us toll-free, or via email at email@example.com.