Questar Capital Corp

Several types of Questar Capital Corp. fraud have come to our attention. Our Questar Capital Corp. lawyers continue to look into the circumstances in which many investors were defrauded.

In one instance, the Minneapolis-based broker-dealer was selling high-risk tenant-in-common (TIC) exchanges that may not have been appropriate for some investors. We continue examining Questar’s role in a wide-ranging Ponzi scheme in which investors were defrauded out of about $600 million through the sale of DBSI. Inc., TICs.

A 2010 lawsuit alleges investments in TICs offered by DBSI were actually being used to pay back previous DBSI investors in a Ponzi scheme. Questar is said to have earned more than $2.1 million in commissions from the sale of worthless TICs. In 2009, a former Questar broker admitted to soliciting Questar customers to invest in schemes and misappropriated much of those funds for his personal use.

If you were the victim of fraud and would like to find out more about a possible Questar Capital Corp. lawsuit or arbitration, contact us.