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Aggressively Defending You Against Ponzi Scheme Charges

Whether you call it a Ponzi scheme, an investment fraud or a pyramid scheme, this financial crime puts the accused in a serious situation.

A conviction could mean loss of your business license, community service, frozen assets, probation, significant damages and imprisonment. It is important to hire an experienced white collar crime attorney as soon as possible to build your case. Our lawyers at Brunvand Wise, P.A., have defended clients in severe state and federal cases.

When Does An Investment Plan Become A Ponzi Scheme?

Ponzi schemes are investment plans that promise clients the chance to “get rich quick.” New investors are usually promised high returns with little (or no) risk. The new money is then used to pay people who invested earlier in the plan.

This makes it look like the plan is profitable and that the plan is legitimate. They usually fail when there are no new investors, if existing investors stop putting money into the plan or when investors demand a cash payout.

What Forms Of Fraud Are Ponzi Schemes?

Usually, investors are lured by high return rates. The fraud can be in the form of hedge funds, mutual funds and securities. The types of fraud could include:

  • Communities
  • Lottery fraud
  • Mail fraud
  • Real estate fraud
  • Securities
  • Wire fraud

Federal Charges Raise The Level Of An Investigation

If you are charged with a federal crime, your case will be investigated by large government agencies. These agencies usually get involved and aggressively prosecute because these crimes frequently include the elderly, vulnerable people and charitable organizations.

Your case could be investigated by:

  • U.S. Department of Justice
  • FBI
  • Federal Trade Commission (FTC)
  • U.S. Securities and Exchange Commission (SEC)
  • State and federal attorneys

It is important to control the charges as much as possible. The earlier you hire attorneys to help you, the stronger the case that can be built to defend you.

Our Team Will Work To Control The Negatives

If you are facing allegations that you conducted a Ponzi scheme in Clearwater, Tampa or in Florida, you need representation that can mitigate your circumstances. Our experienced white collar crime and Ponzi scheme attorneys at Brunvand Wise, P.A., can help. Call us at 727-315-1685 or email us, and we will work to defend you and your rights.