Chicago Financial Advisor Guilty of Fraud for Swindling Investors and Family out of More Than $2 Million

by Rosemary Piser on August 24, 2018

Rosemary Piser Author

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United States Department of Justice — U.S. Department of Justice

CHICAGO —(ENEWSPF)—August 24, 2018

By: Rosemary Piser

Vishal Savla, 37, a Chicago financial advisor who told clients that a “fat finger” trading error caused major losses to their investments admitted in federal court today that he actually lost all of their funds through poor trading.

Salva, who operated VCAP LLC, a Chicago investment fund, plead guilty to one count of wire fraud. The investment fund purported to trade in equities, options and…