Real Estate Ponzi Scheme Overview A Ponzi scheme is a type of investment fraud that attracts investors with unusually high rates of return. The fraud[...]
Guides
Senior citizens must be protected from unnecessary investment losses. Sadly, many fraudsters intentionally target vulnerable senior citizens. The Financial Industry Regulatory Authority (FINRA), the organization[...]
Older Americans control a significant portion of the wealth in this country. They also frequently have fears about the future of their investments and their[...]
In late 2016, the Financial Industry Regulatory Authority (FINRA) submitted a proposed new rule to the Securities Exchange Commission (SEC) meant to protect older adults[...]
Below I’ve examined 10 of the most infamous examples of ponzi schemes from recent U.S. history. [Related: What is a Ponzi Scheme?] 1. Louis J.[...]
All too often, investors are duped into making an investment that promises extraordinary returns, later discovered to be a “Ponzi Scheme”.1 The term Ponzi Scheme[...]
The Structure of a Ponzi Scheme Ponzi schemes come in many forms, but usually contain the same type of structure. First, the promoter sets up[...]
Theories of liability in Ponzi cases normally include a claim for the sale of unregistered securities.1 The Securities Act of 1933 and the Securities Exchange[...]
Understanding the Uniform Fraudulent Transfer Act (UFTA) It is fairly common, upon discovery of a Ponzi scheme, for a Court to appoint a receiver to[...]
As noted earlier, it is common for the SEC to seek a receiver in Ponzi scheme cases, because there are often the fraudulent sale of[...]