Ponzi schemes can be difficult to spot, especially in their early stages, as they may appear to offer legitimate investment opportunities. Promoters of Ponzi schemes often employ high-pressure tactics to encourage quick investments, leaving potential victims little time to consider the risks or seek advice.
If you or a loved one has lost money to a suspected Ponzi scheme, our attorneys at Silver Law Group can promptly take steps to protect your legal rights. Our team can advise you of your options for filing a Ponzi scheme lawsuit in New York City and work diligently to maximize your compensation.
If someone offers you an investment opportunity that seems unrealistically good, it’s potentially a Ponzi scheme. Here are some signs to watch for:
Silver Law Group actively pursues Ponzi scheme litigation, negotiating for victims with the relevant parties to reach a settlement. If one cannot be reached, we help victims in New York and nationwide file Ponzi scheme lawsuits, and we represent them in court through class action litigation.
Silver Law Group can assist victims of Ponzi schemes by representing them in legal actions to recover losses and hold fraudsters and their abetters accountable. Our legal team works on a contingency fee basis, and we can help victims pursue claims against third parties like brokerage firms or investment banks that may have played a role in the scheme.
Victims of Ponzi schemes in New York can pursue legal action, including class action lawsuits, to recover their losses. These lawsuits aim to hold the perpetrators and related parties accountable for fraud and misrepresentation. We can also assist injured investors who may be able to recover funds through bankruptcy court claims and receivership actions.
Gathering and preserving all documentation related to the investment is crucial for pursuing legal action, and consulting with an attorney is essential to navigating the legal process. Injured investors may be able to recover their original investment, financial losses, lost profits, and potentially even punitive damages in cases of egregious misconduct.
If you have lost money to a Ponzi scheme, you may have multiple ways to pursue recovery. Our securities fraud attorneys at Silver Law Group conduct thorough investigations to understand the extent of the fraud and identify everyone involved, including third parties who may have facilitated or benefited from the scheme.
If you have questions about filing a Ponzi scheme lawsuit in New York City, contact Silver Law Group today to schedule a free, confidential consultation with our NYC office. We work on a contingency fee basis, which means we only get paid if we win your case – so you have nothing to lose by discussing your case with us.
