Medical Capital is comprised of a group of companies which distributed a series of securities offerings based upon medical receivables which were presented as reliable alternatives to certificates of deposit or treasury bills.  However, on July 20, 2009, a federal judge in California froze the assets of Medical Capital in response to a Complaint filed by the SEC charging the Medical Capital financial services company with securities fraud.  The complaint alleges that since August of 2008, certain of the securities fell into default, but this fact was not disclosed to prospective investors, who instead were told that there had never been a default.  Further, in connection with the MP VI offering, $18 million in administrative fees were misappropriated from the offering proceeds in violation of the original Private Placement Memorandum.

If you are a victim of the Medical Capital Fraud, we may be able to help you recover your losses and you may contact us at (858) 259-7790.