Ponzi schemes are elaborate forms of investment fraud that may ensnare even sophisticated investors. Some Ponzi schemes have even defrauded investors out of millions of dollars.
If you believe you have been defrauded in this way, contact a Washington DC Ponzi scheme lawyer at Silver Law Group. Our renowned securities fraud attorneys have a track record of recovering substantial sums for people who have lost money to fraudsters. We work on contingency so you can work with us at no risk.
The organizer of a Ponzi scheme sets up what seems to be a legitimate business or investment opportunity. They may tout affiliations with prestigious law firms, brokerage houses, accounting firms, or insurance companies to lure investors. The fraudster often presents the opportunity as available to only a select group and may target members of a particular congregation, club, or alumni association. These investors may refer family members and associates who are not sophisticated investors and are not in a position to withstand heavy financial losses.
Initial returns are typically high and unusually consistent, regardless of the overall performance of the market. New investors unwittingly fund the payouts of investors who have been participating longer, but eventually the scheme collapses. At that point, a Washington DC investor should engage an experienced Ponzi scheme attorney to recoup as much of their losses as possible.
By the time a Ponzi scheme collapses, the operator often has few assets for defrauded investors to go after. The business or firm that the scheme promoted is usually bankrupt and the operator may be facing criminal charges or be imprisoned.
Investors may recover some of their funds by pursuing claims against others who facilitated the scheme, such as accounting firms, banks, law firms, and financial advisers. Bilked investors can also seek a clawback of returns earlier investors collected from the scheme. When a brokerage firm or registered financial advisor promoted the scheme, the Financial Industry Regulatory Authority (FINRA) dispute resolution process may also be an option.
The attorneys at Silver Law Group frequently represent Washington DC investors in lawsuits against Ponzi scheme promoters. Scott Silver and the rest of the team have an impressive track record of obtaining substantial settlements for small investors bilked in Ponzi schemes.
When you work with Silver Law Group, our attorneys will investigate to determine every party who could have legal liability for your losses. We will pursue all available avenues to recover your scammed funds, and we frequently work with SEC receiverships on such cases.
The creators of the Ponzi scheme and those who promoted it may go bankrupt when the scheme collapses. The bankruptcy trustee may be able to gather the available assets and distribute them to bilked investors who submit a claim. Our attorneys can ensure that a Washington DC investor’s claim in a Ponzi scheme case is complete and filed timely.
Sometimes the responsible parties held insurance policies that might be liable for investor losses. We will determine whether any of the responsible parties have commercial crime policies, directors and officers liability coverage, errors and omissions policies, fidelity bond coverage, or other potential sources of funds to cover your losses.
Silver Law Group has an extensive track record of pursuing third party professionals, including banks, auditors and law firms for aiding and abetting Ponzi schemes. Silver Law group was recognized in 2025 by ISS Securities Class Action Services as one of the top 50 class action law firms. Managing Partner, Scott Silver, serves as the chair of the Securities and Financial Fraud Group of the American Association of Justice (AAJ) and regularly speaks at industry conferences about recovering losses from Ponzi schemes.
If you were scammed in a Ponzi scheme, work with attorneys who have devoted their careers to helping defrauded investors recover their savings. Contact Silver Law Group as soon as you suspect you were cheated. Our Washington DC Ponzi scheme lawyers represent cases nationwide and we are known as knowledgeable and effective Ponzi scheme litigators who always fight for people who have been defrauded, Call us today to learn more.
