The rapid rise of cryptocurrency has created an extraordinary opportunity—but also fertile ground for fraud. A recent regulatory action against former LPL Financial broker Lisa Anne Boisselle, president of Wealthwise, highlights how crypto-related investment schemes continue to harm investors and why legal recovery strategies still are critical. Arizona regulators ordered Boisselle and her firm to [...]

In a firm move to protect investors, the U.S. Securities and Exchange Commission (SEC) has permanently barred former Wells Fargo advisor Kenneth A. Welsh from the securities industry after he admitted to stealing more than $3 million from clients. The bar follows a long-running fraud scheme involving multiple clients, years of unauthorized dealings, and serious [...]

Ponzi schemes rarely operate in isolation. While the spotlight often falls on the central fraudster, meaningful recovery depends on uncovering the wider ecosystem that enabled the deception. Behind many large-scale investment frauds lies a network of financial professionals, institutions, and intermediaries whose negligence or willful blindness allowed the scheme to flourish. Identifying and holding these [...]

Ponzi schemes have been around for more than a century, yet they continue to reinvent themselves, adapting to new markets, technologies, and investor mindsets. The rise of cryptocurrency, decentralized finance (DeFi), and digital asset platforms has opened the door to a modern breed of highly sophisticated Ponzi-style frauds. While the digital tools may have changed, [...]