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NAPLES, Fla., May 6, 2021 /PRNewswire/ Vernon Litigation and Attorney Kristian Kraszewski recently filed back-to-back cases on behalf of two different Southwest Florida widows who were sold high-risk alternative investments.
The first case was filed on behalf of an 87-year-old widow who was looking for safe investments for her grandchildren s college education. Instead, a Southwest Florida investment professional registered with United Planners Financial Services of America sold her high-risk alternative investments that have not only suffered losses but cannot be sold without devastating losses. Had the advisor simply purchased low-cost ETFs or index funds, the investor would have more than doubled her money with less risk than the following speculative alternatives that were recommended: GPB, FS Credit, Genesis VIII, ARC Global, KBS, SEIF, and ATEL.