Ponzi schemes

Perhaps you have been accused of a Ponzi scheme and you have no idea what it is. Many people do not. That's okay. Our Ponzi scheme attorneys here in New York are experts when it comes to the law.

Ponzi scheme fraud is most likely a Federal criminal charge. If you have been accused of being involved in this type of fraud, or even if anyone hints they are filing a suit against you, take it seriously.

In a nutshell, a Ponzi scheme is a type of pyramidal plot based on investment fraud, usually of stocks, futures or securities. Named for a criminal by the name of Charles Ponzi who was indicted in the 1920's, it uses the promise of gigantic returns as bait to recruit investors. The system is designed to eventually collapse as a house of cards because the payments out will never justify the huge earnings the top schemers receive from the lower levels. Unregistered securities are often the carrot that draws in unwitting investors to illegal pyramids.

Often, it is the newest investors that lose the most money and file the suit. Sometimes, an investor who has lost their shirt due to their own poor choices, will scream Ponzi and rush to get an unscrupulous attorney to file a claim. That is when you need ponzi scheme lawyers on your side.

Because the Stock Exchange is in New York, our Law office chose to become well versed in the defense of people accused of undergoing Ponzi type activities. Such accusations happen frequently in and around Wall Street. That does not mean we do not take each case seriously.

We understand the ramifications of the indictment, can negotiate settlement if necessary and defend your rights in a court of law, should it ever come to that.

Not every law office has Ponzi scheme lawyers. Call our today for a free, initial consultation.