Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

Investment Fraud Attorneys at Meyer Wilson Receiving Calls From Victims in Madison Timber Alleged Ponzi Scheme

SEC Uncovers $85 Million Ponzi Scheme in Madison Timber Properties

Last month, the Securities and Exchange Commission filed a civil lawsuit against Madison Timber Properties LLC, and its owner, alleging that the $85 million operation was nothing more than a Ponzi scheme.

According to public records as well as the investigation of the Meyer Wilson law firm, Investors were told that

their money would be used by Madison Timber Properties to acquire timber-harvesting rights from various land owners on behalf of investors. The company would allegedly later harvest the timber and pay investors with the profits.

In reality, earlier investors were allegedly paid with funds obtained by newer investors, and investor funds were used to pay the personal expenses of Arthur Lamar Adams, the owner of Madison Timber Properties.

Investors were generally told that

they would receive an annual return of 12%-15%, which was to be paid over the course of the year. At the end of the year, investors could either have their principle returned or roll their money over into a new investment.

It is alleged that at least $85 million was raised through the sale of these unregistered securities to approximately 150 investors.

If you invested in Madison Timber Properties, our team of investment fraud lawyers at Meyer Wilson may be able to help. Over the years, we have successfully recovered more than $350 million for our clients and continue to fight these cases in arbitration and court. Call us at one of our offices located across the United States, or send us your information through our online form to get started with a free consultation today.

Related Posts:

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
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

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

2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
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