Former Cantor Fitzgerald Trader David Demos Indicted For Securities Fraud

The investment fraud attorneys at Halling & Cayo, S.C. are researching potential claims against stockbroker David Demos and his former firm, Cantor Fitzgerald. Federal prosecutors in Connecticut announced last week that Demos is facing charges for defrauding investors on mortgage-backed securities. According to the indictment, between 2011 and 2013, Demos engaged in a scheme of lying to customers about the price of mortgage bonds in order to induce the customers to pay inflated prices for the bonds. This fraudulent scheme resulted in Demos and Cantor keeping millions of dollars in illicit profits.

Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at to see if he can help recover your funds.