Ponzi Scheme Fraud
A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments. Continued payout of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.
The system is destined to collapse because the earnings, if any, are less than the payments to investors. Ponzi schemes that are sold by investment advisors are often associated with Investments Not on Your Account Statements.
Heiner Law Offices Fights for Ponzi Scheme Victims
If you think you might be in a Ponzi scheme it is important that you immediately seek the counsel of a law firm that has a depth of experience with this type of case. Our firm has represented many victims of Ponzi schemes.
When you contact us we will discuss the facts and determine you are a victim. If you are and a recovery is possible, and you hire us, we will work hard to see that your investment advisor or his firm is held accountable for his conduct. Our law firm understands the supervisory duties that are required in order to prevent Ponzi schemes from being sold to you in the first place and if those duties are breached, we can help. Our law firm will aggressively pursue every course possible and fight hard to get your money back.
Contact Us for a Free Consultation
Contact our office today to discuss your case. We offer a free initial consultation. You can reach us by phone at 801-366-5200 or via email. We try to take every case on a contingency basis which means we don’t collect a legal fee unless we successfully make a financial recovery for you.