If you have suffered losses investing in the Woodbridge Ponzi scheme, please contact the securities attorneys at The White Law Group for a free consultation. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and.
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A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi scheme organizers often promise to invest your money and generate high returns with little or no risk. But in many Ponzi schemes, the fraudsters do not invest the money. Instead, they use it to pay those who invested earlier and may keep some for themselves.
Law360, London (October 8, 2019, 4:06 PM BST) — The Financial Conduct Authority on Tuesday called on victims who were scammed out of £8.5 million. which ran as a Ponzi scheme in Newport, South.
The scheme collapses when there are not enough new investors to pay the existing ones – the number of new investors is eventually exhausted, and the scheme becomes unsustainable. Mr. Ponzi’s scheme lasted barely 200 days. A more recent example of a Ponzi scheme is that of former stock broker and investment advisor Bernie Madoff.
If you feel uneasy about an investment opportunity or have become a victim of a Ponzi scheme, contact the securities lawyers at Silver Law Group, a national Securities Arbitration & Investment Fraud Law firm. Their lawyers are admitted to practice in New York and Florida and represent investors nationwide to help recover investment losses due.
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Retired NFL Players are Victims in Alleged Investment Fraud by Cambridge. The Securities and Exchange Commission ("SEC") recently charged a florida-based investment adviser firm and its principals with defrauding investors who.