Meyer Wilson

Recovering Losses Caused By Investment Misconduct

What's the difference between a Ponzi scheme and a pyramid scheme?

With the current prevalence of the Ponzi scheme across the nation, the terms "Ponzi scheme" and "pyramid scheme" are often used interchangeably. There is a shade of difference between the two, however. In a classic pyramid scheme, you generally pay into an offer that claims you can make money for yourself by recruiting others into the scheme. Usually, those recruits will then pay their portion to you, and so on.

Watch as Attorney Dave Meyer explains more about Ponzi schemes.

Learn more about the aftermath of a Ponzi scheme by reading Attorney David Meyer's post for the American Bar Association.

You end up paying into a pyramid scheme with hopes of a greater return when you find more recruits. In a Ponzi scheme, although the structure seems very similar, you aren't usually required to do any more work than just handing over money to be invested. This is part of what makes the Ponzi scheme so effective. You usually aren't aware of the need for additional recruits to keep the scam rolling, and you don't have to work for it, either. The Ponzi schemer takes your money and promises to do all the work for you, and they're often long gone before you even realize what's happened.

If you have been the victim of a Ponzi scheme and have questions about FINRA mediation, arbitration, or litigation, call the respected securities fraud attorneys with Meyer Wilson today. By calling you will be able to meet with one of our experienced FINRA lawyers in a FREE consultation.

When Choosing an Attorney, Results Matter

  • $30M
    $30,000,000 Recovered in Confidential Settlement for 100-Year-Old-Widow
  • $10M
    Retirees Recover in Excess of $10,000,000 of Retirement Losses
  • $6.5M
    $6,500,000 Recovered for a Large Group of Individual Investors
  • $5M
    $5,000,000 Recovered for Group of Midwest Clients
  • $3.8M
    Meyer Wilson Recovers More than $3,800,000 for Elderly Victim in Ponzi Scheme Case
  • $3.2M
    $3,200,000 of Losses Recovered by Meyer Wilson for More Than 50 Families of Ponzi Scheme in California

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