Approaching Your Broker

I just heard about a Ponzi scheme on the news, and I think I may have been a victim of the scam. I’m wondering what I should say to my broker (who is in charge of the alleged Ponzi scheme) when I call. What do you recommend?

We recommend that you don’t contact your broker. We make this recommendation for two specific reasons. First, anything that you say to your broker may later be used against you in a potential recovery. Second, you are unlikely to get any useful information out of your broker. That is, assuming you can reach your broker at all.

Instead, we recommend that you contact an experienced securities fraud lawyer at Meyer Wilson today. Our lawyers know how to protect the rights of Ponzi scheme victims and how to investigate cases to help pursue the recovery of investment losses.

If you believe that you may have been the victim of a Ponzi scheme or another type of investment scam, then we encourage you to contact us today. Our investment scam lawyers will be happy to provide you with a free consultation, and all of our work is done on a contingency-fee basis.

Attorney David Meyer published an article for the American Bar Association on the aftermath of a Ponzi scheme. Read his post here.