It’s fraud when the operator takes money from a new investor and then pays it to the existing investor rather than the actual return. This type of fraud promises to target high profit with very low risk to the investment. In most Ponzi schemes, the operator doesn’t invest at all.
The classic Ponzi scheme, high-yield investment program, forex trading Ponzi scheme, real estate scheme, affinity fraud scheme, etc. are some of the Ponzi schemes. You must be well aware of them so that you can avoid them and be aware of such schemes.
Fraudsters will try to exploit your greed by telling you they can give you big gains with no risk. An ongoing Ponzi scheme always has returns, even when things go wrong. The reason for this is that everything is false.
Our solicitor can assist if a Ponzi scheme scams you. We have been practicing securities law for a long time, so we know how to find out what’s going on.
The Classic Ponzi scheme
The investors are told they will get a lot of money back with almost no risk. Early investors get paid back with the money that new investors put in, which makes it look like the business is making money.
High-Yield Investment Programmes
These schemes offer returns on investments that are way too high to be true. People buy because they think they can easily make a lot of money quickly, but the returns aren’t sustainable and depend on more investments. So, they want you to pay continuously without asking for returns.
Forex Trading Schemes
Scammers say they can trade foreign exchange (forex) and promise big profits. But instead of investing, they use the money from new investors to pay back investors from earlier rounds. They pretend to be a well-known broker in forex trading.
Real Estate schemes
Scammers say they can help people invest in real estate projects and promise them big profits. The returns come from money that new investors put in and they continue this for a longer time to steal your money.
Cryptocurrency Schemes
Scammers take advantage of the popularity of cryptocurrencies by offering fake investment opportunities or cloud mining schemes that promise huge returns.
Affinity Fraud Schemes
Criminals go after specific towns or groups, and they often use trust in social, racial, or religious circles to get investors. For affinity fraud to work, people who are affiliated with the fraudster need to be trusted.
Web-based schemes
Scammers use websites and social media to spread false information about fake investment possibilities. They use digital channels to keep the scheme going and draw investors from all over the world. They also make fake social profiles and try to steal your money.
Dealing with different investment professionals can be stressful and hard. We can help secure your needs and make sure you get justice.
Do not give up if you fall for the Ponzi plan. You need someone to fight for you. Our team of legal experts has an excellent track record of getting our client’s money back.
Individuals engaging in the operation of Ponzi schemes violate the law. Legal action can be taken to get your money back from a fraud.
If you lost money in a Ponzi scheme, our legal team will look into what’s going on and go after the scammers responsible. We are very good at it because we focus on our client’s needs and work hard to achieve them.
Working with people from all over the country is part of our job to hold Ponzi schemes accountable for what they do. As experts in what we do, we will put all of our time and effort into trying to get your lost money back.
As soon as you act, we can stop things from getting worse. Then you can get your money back faster and avoid falling for another Ponzi scheme.