A Ponzi scheme is a fraudulent investment operation that does not earn any real money from financial investments, but rather, pays returns to its investors with the money it gets from subsequent investors. The problem with a Ponzi scheme, besides being illegal, is that it is doomed to collapse if it cannot find more investors to pay the returns to the previous investors.
Determining if Your Potential Investment Is a Ponzi Scheme
In most cases, a Ponzi scheme will have very little information available on the nature of the investment. If you are worried that a potential investment could be part of a Ponzi scheme, it is essential that you hire an investment fraud attorney to look over the details of the investment before you commit you funds.
Vague descriptions and promises of extremely high returns are red flags that you may be looking at a Ponzi scheme. If your investor or broker is encouraging you to invest in what may be a Ponzi scheme, this is a form of misconduct, and you should seek legal recourse against this individual.
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How Can Our Firm Help?
In many cases, Ponzi schemes are stopped before they collapse; however, in either case you will stand to suffer a huge financial loss of the money you invested. You can trust our firm - take a look at some of our accolades to see why:
- 40 years of legal experience
- Handling cases nationwide
- History of successful case results
- Seek to recover maximum compensation for your losses
If you have been the victim of a Ponzi scheme, contact a California investment fraud lawyer from our firm today to discuss the options available to you in attempting to recover your losses.
Ponzi Scheme Protection Lawyer Serving California
If you have lost assets due to a Ponzi scheme, you need an attorney from The Law Offices of Jonathan W. Evans & Associates to represent you in legal proceedings against those responsible for your loss. The individuals at the top of the scheme, as well as your financial advisors, may all be held accountable for running a fraudulent investment such as a Ponzi scheme.
Our firm can help you make your case against them. With over 35 years of experience, we understand best how to handle cases of fraudulent investment, and we will do everything in our power in an attempt to recover your lost assets.
Contact a California Ponzi scheme attorney from our firm today if you have been unwittingly involved in a Ponzi scheme and suffered a financial loss as a result.
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