When you rely on a financial advisor to safeguard your life savings, you expect reliable counsel. Unfortunately, some advisors engage in Ponzi schemes or other forms of securities fraud. If you notice any red flags in your investment portfolio, a Ponzi scheme lawyer serving Georgia could recover your losses.
Meyer Wilson has over 25 years of experience in investment law, during which time we have successfully recovered over $350 million for clients. Our Georgia investment fraud lawyers are dedicated to securing justice for victims harmed by Ponzi schemes and other fraudulent activities. Call us today for a free case evaluation.
Why Choose Us for Your Ponzi Scheme Case
Investment fraud presents a threat to your investment portfolio and can result in major financial setbacks. We use well-crafted legal strategies and provide personalized support to help you recover from these challenges.
At our firm, we focus on cases of investment fraud by professionals within the investment sector. Our investment fraud lawyers prioritize cases involving individuals who have been victimized by fraudulent activities linked to brokerage firms and other financial institutions.
There are numerous advantages to collaborating with our Ponzi scheme attorneys, including:
- Free case evaluation
- Timely legal intervention
- Established relationships with reputable mediators and expert witnesses
- Insight into how Georgia securities laws impact your case
If you think you’ve been involved in a Ponzi scheme, reach out to our team for professional legal support. Your attorney will evaluate your circumstances, clarify your legal alternatives, and lead you through the essential procedures to pursue justice.
How do Ponzi Schemes Work?
These deceptive investment schemes promise high returns with minimal risk. Typically, they function by utilizing funds from new investors to provide returns to earlier investors, thus creating the facade of profit.
Rather than creating genuine profits through legal investment tactics, the funds are often diverted for personal expenses or to fulfill returns for earlier investors. The collapse of Ponzi schemes occurs when there’s an insufficient influx of new investors to maintain payouts, resulting in substantial financial losses for those involved.
How It All Began
Charles Ponzi became famous for being behind one of the biggest financial scandals in history. Born in Italy in 1882, he decided to move to the United States to build a better life. Then, in the 1920s, Ponzi started a scheme that involved international reply coupons (IRCs). He promised investors high returns with minimal risk.
Abusing the trust of his investors, he accumulated substantial funds. Instead of fulfilling his investment promises, he diverted the money from new investors to pay returns to earlier ones. This deceitful cycle eventually unraveled, leading to his incarceration.
Common Signs of Ponzi Schemes
Ponzi schemes flourish in secrecy, concealing their true essence behind a screen of legitimacy to attract investors. Usually, the financial advisor pitches an enticing investment prospect, luring investors with the promise of high returns alongside minimal risk.
You can recognize a Ponzi scheme by these red flags:
- The promise of high returns with low-risk
- Consistent returns regardless of market conditions
- Lack of transparency about investment strategies
- Difficulty in withdrawing funds
- Pressure to recruit new investors to sustain returns
Recovering your funds post-Ponzi scheme starts with acknowledging that you’ve been a victim. If you detect any of these warning signs or encounter other concerns, promptly seek legal assistance. A Georgia Ponzi scheme attorney from our team will guide you through the steps.
Protect Your Right to Recover Your Losses
How you react after uncovering financial misconduct influences the validity of your claim. A Ponzi scheme attorney serving Georgia will give you all the information you need to make confident decisions about your case.
You can increase the value of your claim by:
- Gathering all relevant documentation and evidence.
- Terminating any ongoing participation in the scheme.
- Seeking advice from experienced Ponzi scheme attorneys.
- Following the instructions provided by your legal counsel.
- Not discussing the case with anyone else.
- Maintaining records of all communications and transactions associated with the scheme.
How Our Georgia Ponzi Scheme Attorneys Will Help You
Not every legal professional can handle Ponzi scheme cases. Seek attorneys with a deep understanding of investment scams. Additionally, prioritize those with a proven history of successfully advocating for victims of financial fraud.
Meyer Wilson offers a wide range of services to Ponzi scheme victims:
- Conduct thorough case evaluations.
- Gather relevant evidence and documentation.
- Advocate for you in FINRA arbitration proceedings.
- Assist in the legal process.
- Negotiate settlements with responsible parties.
- Explore all available legal options for restitution.
- Offer personalized legal advice.
Our team conducts in-depth investigations to gather essential information for your claim. We tailor our legal approach to pursue the most efficient route in securing maximum compensation for you.
At the core of our practice is your welfare. That’s why we operate on a contingency fee basis; you only pay if we win. Our team understands that financial difficulties may arise, but this shouldn’t prevent you from obtaining exceptional legal services.
Call Our Ponzi Scheme Lawyers Serving Georgia Today
Investors who suffered losses as a result of a Ponzi scheme may qualify for compensation. Our Georgia Ponzi scheme lawyers are skilled in handling these types of cases.
Meyer Wilson will build a robust case against the liable party. Contact us to learn more about your options.