Roshan Perera: Janues Capital Advisor Faces Federal Fraud Charges

The US Department of Justice recently announced fraud charges against former Queens investment advisor Roshan Perera (CRD# 4716321). According to records maintained by the Financial Industry Regulatory Authority and a press release by the US Attorney’s Office for the Eastern District of New York, the former Aegis Capital representative and executive director of Janues Capital has been charged with securities fraud, investment advisor fraud, wire fraud, and money laundering.

In its announcement, issued on Monday, March 27th, the US Attorney’s Office for EDNY stated that it was charging Mr. Perera in connection with an alleged “scheme to induce an investor (Jane Doe) to purchase stock in companies that traded on the NASDAQ and New York Stock Exchange.” He allegedly orchestrated the scheme between February and March 2023, through his firm Janues Capital, reaching out to the investor over various forms of communication “to solicit her to purchase stock in companies that traded on the NASDAQ and NYSE, in exchange for a fee.” Federal prosecutors allege that he misrepresented “that he had relationships with large institutions, and could purchase shares of those publicly-traded companies at discounted prices,” and further that the investment in question “was a low risk venture.”

The investor in turn provided him with funds exceeding $4.2 million to invest in the companies in question, per the indictment. However, according to the DOJ, he did not invest her funds in the companies, instead using them to pay redemptions to her, pay his own personal expenses, and fund day trading activities. The DOJ alleges further that he endeavored to conceal his allegedly fraudulent activities by providing Jane Doe with “fraudulent confirmation notices and account statements.” The press release notes that if he is convicted, he will face a maximum sentence of 20 years in prison.

In a statement included in the press release, Breon Peace, United States Attorney for the Eastern District of New York, said: “As alleged, the victim trusted Perera with millions of dollars of her hard-earned money for what she was assured would be a safe investment… In reality, the defendant deceived the victim and used the money to enrich himself. This Office will hold the defendant accountable for his acts of greed and dishonesty.”

According to the Financial Industry Regulatory Authority, Roshan Perera holds 18 years of securities industry experience. Most recently based in Melville, New York, he was registered with Aegis Capital from 2018 until September 2022. His registration history includes Maxim Group, StockKings Capital, Caldwell International Securities, Global Arena Capital Corporation, Prestige Financial Center, Sloan Securities Corporation, Aura Financial Services, Andrew Garrett, LH Ross & Company, and Continental Broker-Dealer Corporation. His credentials include the passage of four securities industry qualifying exams: the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; and the General Securities Principal Examination, or Series 24. He is not currently licensed with any state or firm. (Information current as of March 31, 2023.)

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