Last week, the SEC charged several individuals in a half a billion-dollar Ponzi Scheme that involved investing in personal injury settlements. The SEC charged the defendants with fraud and acting as unregistered brokers “selling” unregistered securities.
Christopher Warren, Managing Partner at Warren Law Group states, “Even post-Madoff, a Ponzi Scheme is a popular confidence con to commit investor fraud. Before investing large sums of capital into a fund or private offering claiming a ‘guaranteed’ return or preservation of capital, you should hire an attorney well-versed in financial services and securities.”
If you believe you are a victim of a fraudulent securities offering or fraudulent scheme, contact the attorneys at Warren Law Group for a consultation at (866) WLGROUP or via email, email@example.com.