Close Menu
Free Consultation: 888-976-6111

SEC Fraud Complaint Against Ryan Reaume, Calibre Consulting Advisor

Leesburg, Virginia financial advisor Ryan Reaume (CRD# 2684692) was recently named in a civil action by the Securities and Exchange Commission alleging that he orchestrated a fraudulent investment scheme. Records provided by the SEC and the Financial Industry Regulatory Authority indicate that he is currently registered as an investment advisor with Calibre Consulting Group.

Mr. Reaume’s Investment Advisor Public Disclosure report describes the pending SEC action against him. Filed in March 2023, the SEC’s complaint alleges that he oversaw a “fraudulent investment scheme” through “purported energy companies he controlled.” The alleged scheme involved the solicitation of investments in these companies from January 2014 until September 2019. These solicitations raised more than $480,000 in funds “from about a dozen individuals, including his advisory clients and other investors.” In order to solicit their investments, the SEC alleges, he made “materially false and misleading statements and omissions about the companies’ prospects of engaging in lucrative energy deals.”

Mr. Reaume also allegedly made “misrepresented and concealed” his “misuse” of funds provided by investors and clients, which he used “for personal expenses such as paying his own grocery, restaurant, mortgage, and credit card bills.” He allegedly lost “nearly all of the remaining funds through day trading,” and failed to disclosed these losses to his clients and investors, allegedly lying about the energy deal  being conducted by his companies. The SEC alleges that his conduct constituted violations of the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Advisers Act of 1940. The complaint remains pending.

According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Ryan Reaume holds 23 years of securities industry experience. Based in Leesburg, Virginia, he has been a financial advisor with Calibre Consulting Group since 2014. His registration history includes Viewpoint Securities, Gunnallen Financial, Sentra Securities Corporation, UBS Painewebber, and Smith Barney. His credentials include the passage of seven securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Uniform Investment Adviser Law Examination, or Series 65; the Municipal Securities Principal Examination, or Series 53; the Uniform Combined State Law Examination, or Series 66; the General Securities Representative Examination, or Series 7; the Uniform Securities Agent State Law Examination, or Series 63; and the Futures Managed Funds Examination, or Series 31. He is licensed as an investment advisor in Virginia. (Information current as of March 26, 2023.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Dick Hagan: $400K Complaint Against MassMutual Advisor

    Wauwatosa, Wisconsin financial advisor Dick Hagan (CRD# 2392157) allegedly made an unauthorized transaction, according to a recent investor complaint. Financial...

    Read More
  • Tom Ley: Wells Fargo Advisor Faces Investor Complaint

    Toms River, New Jersey financial advisor Tom Ley (CRD# 1127048) recently received an investor complaint alleging that his conduct resulted...

    Read More
  • Steve Nielsen: Bond Complaints Against Centaurus Advisor

    Recent investor complaints against Gilbert, Arizona financial advisor Steve Nielsen (CRD# 4184826) allege that he recommended unsuitable, high-risk investments. Financial...

    Read More
  • Sam Prapaniku: $115K Complaint Against Ex-Bancorp Advisor

    Costa Mesa, California financial advisor Sam Prapaniku (CRD# 5499421) recently received an investor complaint alleging that he recommended unsuitable investments....

    Read More
  • Previous
  • Next