A Ponzi scheme is just one of the many ways a fraudster could extort money from an unsuspecting person. If you invested only to have the operator take off with your gains, you may have been the victim of a deceptive investment plan.
If so, the investment fraud lawyers in California at Meyer Wilson may be able to help you earn some or all of your money back with a civil lawsuit or arbitration, depending on the circumstances. Start your lawsuit or arbitration with a free consultation to learn how our California ponzi scheme lawyer can work to recover your investment losses.
Why Choose Meyer Wilson to Represent You?
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- We have served thousands of client investors for over 20 years, successfully helping them recover losses from investment fraud, including Ponzi schemes.
- We have recovered over $350 million for our clients nationally since 1999.
- We will challenge powerful brokerage firms.
- We have Ponzi scheme lawyers with experience taking cases to court.
- We require no upfront attorney fee to represent clients.
What Is a Ponzi Scheme?
A Ponzi scheme is a common type of securities fraud in which someone pays existing investors in a nonexistent enterprise with money from new investors. The facilitators of such deceptive schemes often promise high rates of return on investments with little to no risk.
The scheme may result in early returns for new investors, but the scheme perpetrator does not actually invest the money. Instead, they use it to pay previous investors. At some point, a Ponzi scheme will eventually dissolve once the operator can’t pay later investors.
Act Now if You Have Lost Money in a California Ponzi Scheme
Fraudulent practices could steal thousands of dollars from you under the guise of a reasonable investment. Although no financial advisor should guarantee results or profitability, a real investment opportunity should exist.
The day you realize you have fallen prey to a Ponzi scheme, call a securities fraud attorney for legal counsel. Although every case is different and your timeframe may be different as well. you may only have three years from this date – or the date you reasonably should have discovered the fraud – to file a civil lawsuit in California.
Our California Ponzi Scheme Litigation Lawyers Can Represent You
You may have already experienced devastating financial losses in a fraudulent investment operation. You can take steps now to protect your future. A securities litigation lawyer in California at Meyer Wilson can lead your case, looking out for you.
Meyer Wilson can help you or your loved one in many ways, including:
- Explaining complex, state-specific laws and regulations regarding fraudulent investments
- Evaluating your case to determine the best legal strategy to use.
- Helping you gather evidence, such as brokerage records or bank statements, to support your case.
- Reviewing your financial losses to determine how much monetary compensation you could recover.
- Managing complex legal paperwork and filing deadlines.
- Bringing a civil lawsuit against all liable parties, whether they are corporations or individuals.
- Leading the Financial Industry Regulatory Authority (FINRA) arbitration process if necessary.
- Helping you identify available outlets for financial recovery.
Contacting our law firm right away can help you take control of your situation from day one and work to regain your losses. As our case results show, we take our clients’ legal rights and recovery from fraud seriously and seek the maximum awards for them.
Time Limits Apply to Your Case – Act Soon
Call Meyer Wilson today for a free, private consultation. Our California ponzi scheme lawyers will work for you on a contingency fee basis. We won’t accept any payment from you unless we win your case.
Red Flags of a Ponzi Scheme
Even if you have already lost money due to a Ponzi scheme, recognizing the red flags for this type of crime could prevent you from making a similar mistake in the future. It could also help you spread awareness to your friends and family about how to avoid this type of financial risk in California.
- Guarantees for high returns with little to no risk.
- Exaggerated earnings claims.
- A consistent flow of returns, at least initially, despite market conditions.
- Unregistered investments.
- Secret or overly complex investment strategies.
- Lack of documentation regarding the financial investment.
- Trouble removing earned money from an account.
Do your research before investing any money. Due diligence in choosing your investments could save you from falling victim to a Ponzi scheme or a pyramid scheme. Look for signs that it is a real investment, such as registration with the U.S. Securities and Exchange Commission (SEC).
Before investing any money, contact an unbiased third party, such as a licensed financial advisor, to discuss the investment opportunity.
Potential Parties to Hold Responsible for Investment Fraud
Our Ponzi scheme attorney in California can help you identify and hold responsible the various parties involved in illegal activities.
A list of potential parties who may be liable for your financial losses can include:
- Scheme operator: The individual or group who organized and executed the Ponzi scheme.
- Financial advisors: Any financial advisors who recommended or facilitated investments in the Ponzi scheme.
- Brokers and sales agents: Those who sold or marketed fraudulent investment opportunities.
- Investment firms: Companies or firms that were involved in managing or promoting the fake investments.
- Accountants and auditors: Professionals who may have failed to detect or report the fraudulent activities.
- Banking institutions: Banks that processed transactions for the scheme, potentially overlooking red flags.
- Legal advisors: Attorneys or law firms that provided advice or services enabling the scheme.
- Business partners: Any business associates or partners who participated in or benefited from the scheme.
- Regulatory bodies: Government agencies or regulatory bodies that may have neglected oversight responsibilities.
- Promoters and influencers: Individuals or entities who promoted the scheme, attracting more investors.
Holding these parties accountable can help victims recover their losses and prevent future fraudulent activities.
Did You Lose Money in a California Ponzi Scheme? We Can Help
Scheme perpetrators design Ponzi schemes and other types of financial fraud to deceive even savvy investors. Do not feel embarrassed about losing money to any type of investment fraud scheme.
Instead, reach out to our California ponzi scheme lawyer so we can take legal action against the person or entity responsible for your financial loss.
Meyer Wilson’s attorneys have decades of experience and can help you build a case. You may be eligible for compensation if you are a victim of investment fraud. Discuss your case in detail and review the legal process with our team during an initial consultation today.
