For many Ponzi scheme victims, there is no sign that anything is wrong with an investment until the payments stop, and you can’t seem to reach the broker or advisor who promoted it. Unfortunately, Ponzi schemes are designed to be hard to spot. Oftentimes, victims receive faked “account statements” and even a few payments to enforce the illusion of legitimacy and success. If you became the victim of a Ponzi scheme, you’re definitely not alone—even very experienced investors have been lured in by this kind of ultra-slick scheme.
If you have stopped receiving payments or otherwise suspect you have become the victim of a Ponzi scheme, these should be your first two steps:
The securities fraud attorneys with Meyer Wilson have represented hundreds of clients across the nation in FINRA mediation, arbitration, and litigation, and we would be happy to review your case in a completely free, no-obligation consultation. Please reach out to us today by phone or get started by requesting our FREE book, Five Signs of Investment Fraud …And What to Do if it’s Happened to You.