Edward Moskop, of Bellevue, faces charges of mail fraud and money laundering
after an indictment on May 18, 2011. He is accused of a scheme that supposedly
took $2.4 million from over two dozen people. To pull off the scheme,
Moskop allegedly faked or forged account numbers, receipts, and even annual
statements. This is supposed to have taken place through his company Moskop
& Associates. The victims of Moskop's Illinois investment scheme
included his friends, family, and local war veterans.
These charges come after a previous lawsuit for fraud. In November, Moskop
had been sued by the SEC for allegedly bilking an immigrant couple from
Poland out of their life savings. The couple, 88 and 84, reportedly gave
money to Moskop believing he was using it to invest in certificates of deposit.
The suit alleges Moskop instead used those funds for his own personal use
after forging the certificates of deposit. When confronted, he sent two
checks to the couple for their supposed proceeds, but both checks bounced.
As a result of the suit, he lost his license to sell securities. His assets,
and those of his company, were frozen. His court date for the current
case is set for June 6th.
The investment fraud attorneys with Meyer Wilson represent victims of securities
fraud nationwide in
stockbroker mediation, arbitration, and litigation claims. Feel free to contact us at (888)
390-6491 with any questions.