Meyer Wilson

Recovering Losses Caused By Investment Misconduct

Blog Posts in February, 2012

Alan Todd May, founder and president of Prosper Oil & Gas, Inc., was sentenced to 20 years in prison earlier this month for defrauding more than 170 investors out of approximately $7 million in an ... Continue reading "Dallas Businessman Sentenced to Prison Over Oil and Gas Ponzi Scheme" »
Alan Todd May, of Dallas, recently received a 20-year sentence for his involvement in an alleged investment scam. The 20-year sentence is the maximum sentence available for mail fraud. May pleaded ... Continue reading "Maximum Sentence for Dallas Man in Alleged $7 Million Investment Scam" »
Last Friday (2/3/12), Ahmed Alabadi, citizen of Iraq and former resident of Dearborn, Michigan, was arrested at the Detroit Metropolitan Wayne County Airport on charges related to an alleged massive ... Continue reading "Former Dearborn Man Arrested on Charges of Investor Fraud" »
Fend Off Investment Fraud with These Five Investor Protection Tips Con artists and fraudsters tend to use the same tactics over and over again, which makes identifying the red flags of investment ... Continue reading "Five Investor Protection Tips To Avoid Investment Fraud" »
Frederick Darren Berg, 49, has received an 18-year prison sentence for his involvement in an alleged Ponzi scheme that took $123 million from investors. The sentence comes as part of a plea agreement ... Continue reading "Man Receives 18 Years in "Largest" Washington Ponzi Scheme" »
For three years, the Federal Reserve interest rate has stayed below 0.25 percent, a fact that Bloomberg writer Matt Robinson says is responsible for the increased consumer demand for derivatives ... Continue reading "FINRA Investigates Whether Investors Understand Derivative-Linked CDs" »
John E. Walsh, of Lake Forest, received a sentence of 12 1/2 years in prison in relation to an alleged Ponzi scheme that started in 2007. Charles G. Martin, an additional associate in the alleged ... Continue reading "Two Sentenced in Alleged Ponzi Scheme after Guilty Pleas" »
On Heels of Alleged $550B Securities Fraud Case, SEC Warns Investors to Watch Out for Social Media Schemes What’s the latest in investment fraud? Social media investment scams, says the SEC. ... Continue reading "SEC Warns Investors of Social Media Schemes such as Twitter, Facebook & LinkedIn" »
Laurie Schneider, of Oceanside, has been indicted in an alleged Ponzi scheme that took in over 25 investors and caused at least $4 million in losses. If she is convicted, Schneider could be facing 20 ... Continue reading "Indictment in Alleged $4 Million Ponzi Scheme Affecting 25 Investors" »
Ronald W. Shepard, formerly of Lee's Summit, MO, has now been indicted by a federal grand jury for his part in an alleged $3 million Ponzi scheme. The 72-year-old man is accused of luring in ... Continue reading "Federal Grand Jury Indicts Man in Alleged $3 Million Ponzi Scheme" »
Futures Broker and Currency Dealer, Peregrine Financial Group, Sued for Facilitating Cook Ponzi Scheme Chicago-based futures broker and currency dealer Peregrine Financial Group (PFG) is the latest ... Continue reading "Futures Broker, Currency Dealer Sued for Facilitating Cook Ponzi Scheme" »
Eric Stein, of New York, was recently charged with running an investment scam related to a newly developed pet-finding service. Stein is accused of running the investment scam while on supervised ... Continue reading "Pet Return Service Allegedly an Investment Scam" »
Phillip R. Trujillo, of Loveland, has recently been convicted on six felony charges related to alleged acts of investment fraud. According to court records, Trujillo was working as an investment ... Continue reading "Promissory Note Fraud Results in Felony Conviction" »
An Iowa man charged in relation to an alleged investment scam, who had previously been expected to plead guilty as part of a plea agreement, has now said he will not appear in court. Instead, Donald ... Continue reading "Iowa Man to Back out of Investment Fraud Plea Agreement" »
Although news of investment fraud and Ponzi schemes makes the news as investigations get under way, trials proceed, and convictions are handed down, it is somewhat rare that we see the stories of the ... Continue reading "Elderly Victim Speaks Out after Alleged Ponzi Scheme" »
Cognitive decline and dementia make it difficult for older Americans to manage their own finances. This is particularly true because of the plethora of new banking technologies that make remembering ... Continue reading "Protecting Your Loved Ones with Dementia from Financial Abuse" »
TD Bank, based in Toronto, must pay out $67 million to harmed investors related to a Ponzi scheme that has been called one of the largest Ponzi schemes in South Florida history. The decision came from ... Continue reading "Bank Owes Financial Fraud Victims after Rothstein Ponzi Scheme" »

Choose a Firm with Accolades:

  • Super Lawyers
  • Million Dollar Advocates Forum
  • Preeminent AV Peer Review Rated
  • Best Lawyers Lawyer of the Year
  • Best Lawyers Best Law Firm
  • The Best Lawyers in America
  • Avvo 10/10 Rating