Call Now For a Free Consultation:
(614) 502-6165

Avoiding Ponzi Schemes: California Investment Fraud Lawyer Reports

As more and more Americans are struggling to build a stable financial future through wisely chosen investments, more and more con artists are out there ready to fraudulently part you from your cash. A popular securities fraud tactic is the Ponzi scheme, in which previous investors are paid off with the money coming in from new investors rather than profit from any legitimate investment.

How Can I Avoid a Ponzi Scheme in California?

As a California investment fraud lawyer, I can tell you that it can be difficult to avoid investment scams and Ponzi schemes. What it really boils down to is taking the time to find out who and what you are dealing with. When presented with any investment opportunity, you should:

  • Check up on your broker or advisor through your state regulator or services like FINRA’s BrokerCheck.
  • Research the investment itself, including its performance over time and how exactly it works.
  • Never give in to high-pressure sales tactics or claims that it’s a “once-in-a-lifetime opportunity.”
  • Always meet in person, which will give you a better idea of both who your broker is and how their firm handles clients.

For more information about avoiding Ponzi schemes, request your FREE copy of our book Five Signs of Investment Fraud …And What to Do if it’s Happened to You. If you have already lost money in a Ponzi scheme, please contact an experienced Ponzi scheme attorney today for a free consultation.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation

Columbus Office

614-224-6000
305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

310-905-8688
2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

216-600-1355
6140 Parkland Blvd.,
Suite 330
Mayfield Heights, OH 44124
Bloomfield Hills Office

248-817-8214
41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
Follow Us
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram