KlaymanToskesShelly Wolfsdorf of Dalmore Group: $850k Customer Complaint
Summary
Wolfsdorf was previously registered with Dalmore Group in Woodmere, NY, until her termination in 2023 for failing to adhere to the firm’s training on cybersecurity protection. The complaint alleges that Dalmore Group, through its registered representative Wolfsdorf, “allowed criminals to steal the clients EB-5 qualifying investment”. Private placement EB-5 investments are typically structured as partnerships or limited liability companies (LLCs) and are often managed by regional centers or individual developers. Instances of fraud within the EB-5 program may arise from the misconduct and/or securities violations by investors’ financial advisors/account managers, regional centers, or other parties involved in the investment process. Some examples of EB-5-related misconduct include mismanagement of funds, improper disclosure of project risks, or breaching fiduciary duties to investors.
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