Ponzi Scheme Lawyer

Ponzi schemes have become more noticeable in recent years. While most people know these schemes are a form of investment fraud, many don’t understand how they actually work, which is one reason many investors lose their money.

At Meyer Wilson, our Ponzi scheme lawyers have helped people pursue compensation after investment fraud caused their losses. Since 1999, we have helped more than 1,000 clients recover $350 million in judgments, settlements, and verdicts.

If you have lost money in a Ponzi scheme, you deserve to seek justice and financial recovery. Call or contact us online today for a free consultation. We can review your legal options and tell you how an investment fraud lawyer from our firm can help.

Why Choose Our Ponzi Scheme Loss Lawyer for Your Recovery?

If you’ve lost money in a Ponzi scheme, choosing our law firm to represent you is a critical step toward recovering your financial losses and achieving justice. 

With over 150 years of combined experience, our team of seven attorneys and a full support staff have the resources to take on powerful Wall Street entities and level the playing field. 

Our securities litigation lawyers have successfully helped recover over $350 million, demonstrating our proven track record. Other law firms frequently refer clients to us because they are confident in our ability to deliver results.

Consider our case results, which include these financial awards:

• $3.8 million for an older adult victim in a Ponzi scheme in which the financial institution ignored red flags.
• $3.2 million for 50-plus California families who suffered investment losses in a Ponzi scheme.
• $650,000 for an investor who lost money due to a broker’s misconduct and the firm’s failure to meet its supervisory responsibilities.

We Will Give Your Case Personalized Attention and Service

When you work With Meyer Wilson, you also will experience:

Comprehensive Legal Services Tailored to Your Needs

Our law firm will support you through every stage of your Ponzi scheme recovery. From initial consultation to final settlement or trial, we provide personalized attention and strategic advice for your specific situation. 

A Client-Centered Approach

We understand the stress of being a Ponzi scheme victim. We prioritize clear communication, keeping you informed at every step. Our compassionate investment fraud attorneys and staff are here to answer your questions and support you.

No Upfront Fees – We Only Get Paid When You Do

Financial barriers shouldn’t prevent you from seeking justice. We work on a contingency fee basis, so you don’t pay any upfront fees to retain our services. We get paid only if we recover funds for you.

When you hire Meyer Wilson, you can also rest assured that we:

• Are devoted solely to investor claims and class actions.
• Are nationally recognized for our work with investors.
• Will assign two lawyers to your securities fraud case.
• Employ a full-time investigator.

Taking the first step toward recovering your losses is simple. Contact us today for a free, no-obligation consultation to learn how we can help you.

Our Ponzi scheme attorneys are ready to listen to your story, evaluate your situation, and provide the guidance you need to move forward with confidence. 

An Overview of Ponzi Schemes 

A Ponzi scheme is a type of investment fraud that pays returns to investors from their money or investment money paid by subsequent investors. Investors in neither group are paid from actual earned money. These scams are similar to pyramid schemes, except they do not require investors to recruit others to invest.

Charles Ponzi: A 1920s Scammer

The fraudulent operation is named after Charles Ponzi, who pulled off his namesake scam in the 1920s. He promised investors a 40 pence return on mail coupons over three months, compared with the five pence that could be earned in a savings account.

Unfortunately, Ponzi only actually purchased about $30 worth of mail coupons, although he took in over $1 million from investors. The scam’s structure was not new, but his scheme was on such a large scale and took in so much cash that it has since been named after him.

Steps of a Ponzi Scheme

The steps of a Ponzi scheme seem simple enough. When setting up this type of fraud, a scammer will:

• Come up with an enticing investment premise that offers great imaginary financial returns.
• Convince a few investors to put money into it.
• Hold on to the money some time.
• Return that money to the investors as the promised “investment returns.”
• Convince your original investors to reinvest since they “made money” the first time.
• Entice new investors with the same promises and point to prior investors as “proof.”
• Use some of the new investors’ cash to continue to pay off other earlier investors.
• Profit and repeat for several years.
• Stop returning phone calls and disappear with the cash.

Why Ponzi Schemes Eventually Collapse

It’s frightening how simple Ponzi schemes are and how often they work. Ponzi schemes fail because they operate on the “rob-Peter-to-pay-Paul” principle. Money from new investors is used to pay off previous investors in a continuous and damaging cycle. 

Eventually, the whole fraudulent scheme falls apart when not enough new investors can be found. The opportunity may have been genuine, and it just did not work out as planned, or the entire operation may have been a fraud from the start. 

This uncertainty, coupled with the fact that many initial investors are paid “consistent returns” at the beginning, makes it hard for them to realize the investment scheme for what it is until it is too late.

How Our Ponzi Scheme Claim Lawyers Can Help Your Case

Ponzi scheme attorneys practice a narrow and specialized field of law. Not every lawyer who handles investment fraud cases has the experience necessary to help you recover damages in a Ponzi scheme case.

When deciding which law firm to hire and to help you recover the money that has been wrongfully taken from you, it is important to consider the following:

• The firm’s experience with Ponzi scheme cases.
• The firm’s resources to help you win your case.
• The firm’s reputation. 

For victims, our Ponzi scheme investment fraud lawyer can:

• Investigate your account activity for signs of a scam.
• Detect and identify the investment scam.
• Determine the parties who may be held responsible for the scam.
• Access your advisor’s complaint history and background.
• Help you understand the Financial Industry Regulatory Authority (FINRA) rules and how arbitration works.

At our firm, we handle cases involving investment professionals who defraud their clients. We do not handle cases involving fraud committed by individuals not associated with a brokerage firm. 

If we must go through arbitration, our FINRA arbitration lawyer can represent you and handle the entire legal process.

Know When to Call for Legal Help 

The first step in getting your money back is partnering with a Ponzi Scheme lawyer who will fight for you. You will know the time’s right to call an investment fraud lawyer when:

• You recognize the red flags of a Ponzi scheme.
• You discover you have lost money in a Ponzi scheme.
• Another victim or a victim’s attorney contacts you.

Early signs that the scheme is beginning to collapse may include diminished rates of return on your investment. If you suffered losses, our litigation lawyer for Ponzi schemes can help. 

As the catastrophic losses suffered by the varied investors defrauded in the Bernie Madoff Ponzi scheme illustrate, anyone can be a victim, including:

• Individual investors
• Retirees
• Small businesses
• Corporations
• Pension funds
• Institutional investors

How to Avoid Ponzi Schemes & Other Fraudulent Investment Operations

Our Ponzi Scheme lawyers have seen just about every fraudulent practice in the investment scam book. Learning to recognize how fraudsters operate can be a big step toward avoiding scams.

When selling a “lemon” to an investor, the fraudster will likely promise high financial returns. While this can sound enticing, remember that if an investment opportunity sounds too good to be true, it probably is. Use caution and consult a financial advisor before investing your money.

You should also be wary of any investment operation or opportunity in which you do not have thorough documentation of its structure. The lack of information or numbers that don’t seem to add up is likely a sign that the opportunity is not sound.

Call Today – We Are Ready to Help Recover Your Financial Loss

Don’t let a Ponzi scheme define your financial future—let Meyer Wilson handle the legal process and work toward reclaiming what’s rightfully yours. Whether the promoter meant to defraud from the start or continue a failing investment, knowing it was fraudulent, investors often suffer financial harm.

When this happens, a Ponzi scheme attorney from our team can step in and hold the financial institutions accountable. Contact us today to get started with a free consultation.