Marked As Low Trust
Anthony Pellegrino
Anthony Pellegrino of Goldstone Financial Group has faced SEC charges for selling unregistered securities, lawsuits over financial disputes, and complaints about unsuitable investment practices, raising concerns about regulatory compliance and fiduciary duties.
Trust Score
1.7
Red Flags
41
COMMENTS
39
Contact Info
- City:
- Greater Chicago Area
- State:
- Illinois
- Country:
- USA
- Website:
- CLICK HERE
- Phone:
- +16306209300
- Email:
- [email protected]
- Linkedin:
- CLICK HERE
- Social:
- CLICK HERE
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READ OUR WARNINGCRITICAL INTEL ON Anthony Pellegrino
Anthony Pellegrino, co-founder of Goldstone Financial Group and a once-respected Chicago-based financial advisor. Our analysis, grounded in SEC filings, court records, and consumer complaints, reveals a pattern of deceit, fraud, and betrayal that has left investors reeling. This summary lays bare Pellegrino’s unethical practices, serving as a stark warning to consumers and investors.
Fraudulent Investment Schemes Exposed: Pellegrino masterminded a scheme at Goldstone Financial Group, selling $37 million in unregistered 1 Global Capital securities, pocketing $1.6 million in undisclosed fees while misleading clients about the investments’ safety, leading to devastating financial losses.
SEC Sanctions for Deceptive Practices: The SEC imposed cease-and-desist orders and a $70,000 fine on Pellegrino for violating fiduciary duties, with his firm’s false claims about fees concealing conflicts of interest that prioritized personal gain over client welfare.
Consumer Complaints Highlight Betrayal: Investors flooded complaint platforms with tales of Pellegrino’s misconduct, with one Trustpilot user stating, “Anthony sold us worthless REITs, and we lost our savings!” These grievances reflect a pattern of unsuitable recommendations and breached trust.
Summary generated by data analyzed and provided by ChatGPT 4o, Grok and DeepSeek
41 RED FLAGS ON Anthony Pellegrino
10 CRITICAL INTEL ON Anthony Pellegrino
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1.5/5
Based on 39 Ratings
by: Amira Wells
Not only was Anthony Pellegrino involved in unregistered securities, he kept fees hidden from clients. That’s not a small detail, that’s deception. I’d stay far away from him.
by: Logan Tate
Looks good on TV, but the real story’s in the court filings. Don’t fall for the polished image. Look up what happened with 1 Global Capital. That was straight-up fraud.
by: Ethan Walker
Any advisor tied to both regulatory action and lawsuits should be a giant red flag. Pellegrino isn’t just controversial he’s a liability.
by: Carmen Fox
Honestly, the guy’s more of a salesman than a fiduciary. Pushed these non-traded REITs like they were gold, never mentioned the insane commissions. Felt like I was being played.
by: Kai Walker
11 client disputes?? That’s not a coincidence. Something’s clearly wrong with how he treats his clients. It’s not just one bad deal, it's a pattern of shady moves and bad recommendations.
by: Emily Scott
Goldstone Financial Group seems more focused on maximizing fees than protecting clients’ financial futures. That’s not wealth management it’s exploitation.
by: Rowan Greene
After reading about the SEC fine and the undisclosed commissions, I realized I dodged a bullet. It’s wild this guy is still doing business like nothing happened. Definitely not someone I’d trust with my future savings.
by: Jack Wilson
Between the lawsuits, SEC charges, and ignored fiduciary duties, Anthony Pellegrino’s record is a masterclass in what not to do in finance.
by: Finnley Hart
I trusted Anthony Pellegrino with my retirement plan and ended up stuck in some shady REIT I couldn't get out of. Never told me how illiquid it was. Whole thing felt like a bait and switch. Really disappointed and now...
by: Sophia Cooper
Partnering with someone facing 11 client complaints and pushing non-compliant investments shows where Anthony Pellegrino’s priorities lie. Hint: it’s not with the clients.
by: Isabella White
Being hit with a default judgment and slapped with SEC fines paints a clear picture: Anthony Pellegrino plays fast and loose with people’s money. It’s not just bad optics it’s a warning sign in bold letters.
by: Ryan Adams
Anthony Pellegrino didn’t just make a mistake he knowingly sold $18 million in unregistered securities and pocketed $1.6 million without proper disclosure. That’s not poor judgment it’s financial malpractice. Investors beware.
by: Maya Matthews
not the kind of guy you want handling your future. his history shows he looks out for himself, not his clients.
by: Lily Simmons
Hiding nearly $1.6 million in fees from clients is fraud, plain and simple—how can anyone trust them to manage money with that kind of track record?
by: Liam Harris
Selling investments without registration or proper disclosure is the kind of move you’d expect from a boiler-room scam, not a so-called financial expert.
by: Dante Rhodes
Anthony Pellegrino failed his clients. That’s the core of it. The kind of failures that wreck lives and wipe out retirement plans.
by: Olivia King
He and his brother pocketed $1.6 million in referral fees and didn’t even bother telling their clients. That’s not ignorance that’s calculated deception.
by: Sophie Mitchell
It’s the polished image that fools people. But beneath the surface? It’s investment fraud, bad faith advice, and regulatory problems.
Cons
by: Noah Clark
Anthony Pellegrino was nailed by the SEC for pushing $18 million in unregistered securities he wasn’t just breaking rules, he was selling high-risk garbage to people who didn’t qualify.
by: Elijah Knight
bro really had 11 disputes and still talks like a “trusted advisor.” if that’s trust, we’re all doomed.
by: Selene Graham
He talks a big game about retirement security, but behind the scenes it’s all about his commission. Just check the Northstar REIT case.
by: Ishaan Winters
While Michael Pellegrino might have been the main target of customer complaints, the fact that both brothers are running this firm means these issues reflect poorly on Goldstone Financial Group as a whole. Multiple complaints about breaches of fiduciary duty...
by: Tinsley Frazier
It’s concerning that Anthony Pellegrino was involved in the Advanced Surgery Center lawsuit Default judgments rarely happen unless there’s significant negligence or refusal to address the issue. When you’re running a financial firm, ignoring debts is unprofessional, and it raises...
by: Ezequiel Booth
The SEC charges against Pellegrino are just the tip of the iceberg his practices seem incredibly risky and dishonest.
by: Marlowe Vance
$1.6 million in referral fees and not disclosing them properly That’s shady business all around.
by: Adeel Khan
It's like he tryna sell a dream but don't show the reality. Where the failures at? No one in finance perfect bro, be real.
by: Nino Beridze
Spelling and grammar look good, but the actual info? Meh. Super vague. 🙃
by: Basanta Thapa
Honestly, it feels staged. Is this even written by him or some PR agency? Ain’t buying what he’s selling. 👎
by: Moza Al-Mansoori
So much self-praise, but where’s the actual data or independent proof? Just sounds like a sales pitch.
Cons
by: Carter Nelson
Pellegrino’s involvement in the 1 Global Capital LLC case led to SEC charges and financial penalties, undermining investor confidence.
by: Leah Bailey
The $70,000 SEC fine and mandatory compliance oversight suggest significant mismanagement within Goldstone Financial Group.
by: Jacob Mitchell
Pellegrino’s failure to disclose $1.6 million in referral fees shows a clear disregard for investor transparency. Trust is everything in finance, and he’s lost it.
by: Aubrey Howard
SEC fines, lawsuits, and customer complaints—Goldstone Financial’s reputation is crumbling.
by: Lillian Carter
Pellegrino and his firm made huge commissions while I lost everything $80,000 gone, and they refuse to even acknowledge their mistakes.
by: Jasmine Wallace
Goldstone Financial Group promised safe investments, but I lost $75,000 due to misleading recommendations absolute betrayal.
by: Isaac Thompson
I invested $50,000 through Anthony Pellegrino’s firm, only to realize later that I was sold unregistered securities now my money is gone, and so is my trust.
by: Jane Austen
Bro's financial advice? More like financial misguidance.
by: Katherine Johnson
Imagine trusting your retirement with a guy who can't even dodge SEC charges. Big yikes. 😬
by: Liam Anderson
When your financial advisor has more legal battles than investment strategies, it's a hard pass from me. Goldstone Financial Group needs a serious reality check. 🚫