Medical Capital investors who bought notes from brokerage firms such as Securities America believed they were purchasing interests in medical receivables. Unfortunately, Medical Capital appears to have been a fraudulent Ponzi scheme and many of the alleged medical receivables either were wildly over-valued or did not exist at all. This sordid tale does not end there, however. It appears that Medical Capital used investors’ money to purchase a 50 percent stake in Emark Advertising, Inc., which specializes in pornographic website advertising.

EMark invested in and/or worked with pornographic websites such as, and So, in addition to being defrauded out of their money, Medical Capital investors’ money appears to have been used for business purposes to which certain investors may have been morally opposed. Of course, Medical Capital offering documents did not disclose that investors’ money would be used to fund pornographic or otherwise sexually explicit businesses.

EN   ES   PT     

Miami Office
Grand Bay Plaza
2665 S. Bayshore Drive
Penthouse 2B
Miami, FL 33133
Telephone: 786.628.8236

Los Angeles Office
Available by Appointment
2029 Century Park East
Century Plaza Tower
Suite 400N
Los Angeles, CA 90067
Telephone: 424.544.7930

New York City Office
Available by Appointment
14 Wall St, 20th Floor
New York, NY 10005
Telephone: 917.382.5217

West Palm Beach Office
Northbridge Centre
515 N. Flagler Drive, Suite P-300
West Palm Beach, FL 33401
Telephone: 561.475.2887

Detroit Office
41000 Woodward Avenue,
Suite 350 East
Bloomfield Hills, Mi 48304
Telephone: 248.368.0182