National investment fraud lawyers KlaymanToskes issues a fraud alert to customers of Surage Kamal Roshan Perera (CRD# 4716321) and his firm, Janues Capital Inc. following the filing of SEC fraud charges for an alleged multi-million dollar ponzi-like scheme. Investors may have also been customers of Perera at Aegis Capital Corp. in Melville, NY.
Investors that suffered losses with Surage Roshan Perera may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman immediately at (888) 997-9956 or lklayman@klaymantoskes.com for a free consultation to discuss your legal options. We do not collect attorney’s fees unless we obtain a financial recovery for you.
On March 27th, 2023, the Securities and Exchange Commission (“SEC”) filed fraud charges against Surage Kamal Roshan Perera and his firm Janues Capital Inc., in connection with findings that from February 2022 to March 2023, Perera defrauded at least one investor out of approximately $4.3 million.
According to the SEC, Perera and Janues Capital misappropriated at least $3.5 million of the customer’s funds to engage in highly speculative and leveraged trading. The customer believed Perera was instead investing her funds in low-risk publicly traded stocks on the NYSE and NASDAQ exchanges. It is alleged that Perera engaged in a total of over $2.5 billion in securities transactions, with nearly $3 million in trading losses.
Perera and Janues Capital allegedly falsely told customers that the firm had access to “specific restricted securities at discounted prices” through connections with large institutional investors. Perera allegedly engaged in a trading strategy which he referred to as “Options Straddles,” that he purported would “prevent any trading losses but also guarantee returns on some of the investments of up to 9 percent with the potential for returns of 50 percent.”
According to the SEC’s complaint, Perera and his firm carried out a Ponzi-like scheme by attempting to hide investment losses from customers and making Ponzi-like payments using funds from other sources. Perera further concealed his misappropriation of customers’ funds by providing falsified trade confirmations and account statements.
The SEC’s complaint alleges that Perera and Janues violated the antifraud provisions of federal securities laws. Perera was also charged with aiding and abetting the alleged violations of his firm, Janues Capital. The SEC obtained an asset freeze to prevent any further harm to investors and is seeking permanent injunctions and disgorgement of ill-gotten gains plus interest and penalties. Perera was arraigned before the U.S. Magistrate Judge Steven L. Tiscione and faces a maximum sentence of 20 years in prison if convicted.
KlaymanToskes encourages investors who did business with Surage Roshan Perera at Aegis Capital’s Melville, NY branch, and/or at Janues Capital in Bellerose, NY to review their accounts for investment losses.
Brokerage firms are required to supervise their advisors recommendations at the firm as well as outside business activities. If an advisor sells securities not approved by their employing firm, it is considered a securities violation called selling away. In this case, Perera’s fraud took place under the supervision of Aegis Capital. Therefore, customers of Aegis Capital and/or Janues Capital that have suffered investment losses as a result of Perera’s actions may be able to hold the firms liable in a FINRA arbitration claim.
Investors that suffered significant losses should contact attorney Lawrence L. Klayman, Esq., at 888-997-9956, or lklayman@klaymantoskes.com to discuss their recovery options at no cost. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
Lawrence L. Klayman, Esq.
888-997-9956