PR93843

HOUSTON, Texas, Jan. 4, 2022 /PRNewswire=KYODO JBN/ --

A Japanese investor and her securities attorney were interviewed by The Royal

Gazette about the losses she and her husband suffered from investing in

Northstar Financial Services (Bermuda). This is a now-defunct offshore entity

that is currently in liquidation proceedings.

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https://mma.prnewswire.com/media/334439/shepherd_smith_edwards___kantas_llp_logo.jpg

The investors, Rikan Nishiyama and her husband are both elderly retirees. They

invested $200K in Northstar (Bermuda) (

https://www.investorlawyers.com/northstar-financial-services-bermuda.html ) at

the recommendation of Bankoh Investment Services financial advisor Yoko Farias.

Bankoh Investment Services is a Bank of Hawaii subsidiary.

Our Northstar Financial Services (Bermuda) investment lawyers are representing

the Nishiyamas in their FINRA arbitration claim against Bankoh Investment

Services to pursue damages for the losses they suffered.

SSEK Law Firm Senior Partner Kirk Smith (

https://c212.net/c/link/?t=0&l=en&o=3397978-1&h=80741343&u=https%3A%2F%2Fwww.investorlawyers.com%2Fkirk-g-smith.html&a=Kirk+Smith%C2%A0

) took part in The Royal Gazette interview with Mrs. Nishiyima, who was

accompanied by a translator.

Read the full article here:

https://www.royalgazette.com/business/article/20211203/investors-sue-over-northstar-failure/

Mrs. Nishiyama and her husband contend that they were blindsided to discover

that they may have lost all of their investment in Northstar (Bermuda).

Especially as their Bankoh broker (

https://c212.net/c/link/?t=0&l=en&o=3397978-1&h=2520212292&u=https%3A%2F%2Fwww.investorlawyers.com%2Fblog%2Fbroker-yoko-farias-northstar-bermuda-claim%2F&a=Bankoh+broker

) had told them, both verbally and through literature presented, that their

funds would be kept safe. Additionally, Bankoh Investment Services had

neglected to tell them that the company's owner, Greg Lindberg was indicted in

2019 and then convicted of wire fraud and bribery in 2020.

While the Nishiyamas are still hoping to recover some of their investment

through the liquidation proceedings, a full recovery through this avenue is

unlikely especially as Lindberg is suspected to have funneled funds from

Northstar Financial Services (Bermuda) to other entities.

The company has also reported a $260M deficit. This is why the couple has

chosen to file a FINRA arbitration claim against Bankoh. They understand that

going after the brokerage firm is their best chance of maximizing their

financial recovery.

Mrs. Nishiyama said that the financial harm they've suffered because their

Bankoh Investment Services broker recommended Northstar Financial Services

(Bermuda) has taken a toll on both her health and the health of her husband.

SSEK Law Firm is representing dozens of investors from around the world in

FINRA arbitration against the US-brokerage firms that unsuitably recommended

and sold them Northstar (Bermuda) investment products.

Contact:

ksmith@sseklaw.com

US Toll Free +1 (800) 259-9010

Internationally via WhatsApp (text only): +1 713-227-2400

Northstar Bermuda FAQs (

https://c212.net/c/link/?t=0&l=en&o=3397978-1&h=3313461997&u=https%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-bermuda-faqs.html&a=Northstar+Bermuda+FAQs

)

Northstar Bermuda FAQs in Japanese (

https://c212.net/c/link/?t=0&l=en&o=3397978-1&h=2451536419&u=https%3A%2F%2Fwww.investorlawyers.com%2Fnorthstar-bermuda-faqs-japanese.html&a=Northstar+Bermuda+%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8B%E3%82%88%E3%81%8F%E3%81%82%E3%82%8B%E3%81%94%E8%B3%AA%E5%95%8F

)

SOURCE: Shepherd Smith Edwards & Kantas LLP