investorslawyers

  PONZI SCHEME  LAWYERS We often represent investors who have lost money in Ponzi schemes.   Investor rights lawyer Alan Rosca, one of the firm’s partners, has represented thousands of victims of Ponzi schemes. Ponzi schemes are fraudulent investment programs in which unscrupulous promoters pay supposed returns to existing investors with money raised from new investors, in effect “robbing Peter to pay Paul.” Ponzi schemes are by definition unsustainable and fraudulent. They are unsustainable because they depend on the promoters’ ability to continuously recruit new investors to be able to pay returns to existing investors.  As the size of the scheme grows, the distribution payments to existing investors grow ever larger, and at some point the promoters become unable to recruit sufficient investors to cover those distribution payments. At that point, the Ponzi scheme runs out of steam and collapses. Ponzi schemes are inherently fraudulent because new investors are not told that their mon

  BROKER MISCONDUCT  LAWYERS We seek compensation for investors who lost money to broker theft or conversion of customer funds. Recently, brokers across the country have been permanently barred from the securities industry by the FINRA due to outright theft of customer money. THE COMPLEXITY OF THESE SCHEMES CAN VARY GREATLY AND OFTEN INCLUDE THE FOLLOWING: forgery of letters of authorization to transfer funds borrowing funds and refusing to reimburse or pay back loans brokerage firms concealing stockbroker theft unsolicited withdrawals and from customer accounts unauthorized trading in customer accounts Often brokers steal client funds simply by producing forged letters of authorization, and then move funds from the customer’s account to a second account controlled by the broker. Other cases involve brokers who open unauthorized accounts at other institutions. The broker is listed as a joint account holder, together with the customer, unbeknownst to the customer. The account is then us

Frank Dietrich Alleged Woodbridge Ponzi Scheme | Goldman, Scarlato & Penny P.C. Frank Dietrich  Allegedly Sold $$10.8 Million of Woodbridge Ponzi Scheme Notes to 58 Investors; Dietrich Allegedly Took in $261,000 in Commissions from Said Sales Frank Dietrich  allegedly sold $10.8 million worth of Woodbridge Ponzi notes to 58 investors, 30 of whom were firm customers, according to a  FINRA Letter of Acceptance, Waiver and Consent (AWC)  under review by investor rights attorney Alan Rosca. Frank Dietrich  allegedly took in $261,000 in commissions from said sales, FINRA notes. Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Frank Dietrich’s alleged involvement in the Woodbridge Ponzi scheme. The Goldman Scarlato & Penny PC law firm represents other Woodbridge investors and we would like to talk to investors who purchased Woodbridge notes through Dietrich. Investors who believe they may have lost money in activity related to Frank Di

Nationwide Investor Representation Did you lose money as a result of investment fraud, corporate wrongdoing, or misconduct by your investment advisor? We have helped thousands of investors seek compensation for losses they suffered as a result of - If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options at  Contact Us: Goldman Scarlato & Penny P.C rosca@lawgsp.com 8 Tower Bridge, Suite 1025 161 Washington St Philadelphia, PA, 19428 United States 888-998-0530 https://investorlawyers.org/ Resource URLs:-  https://investorlawyers.org/practice-areas/ Copyright ©2020 Goldman, Scarlato & Penny P.C.

FRANK DIETRICH— ALLEGED WOODBRIDGE PONZI  SCHEME Frank Dietrich  Allegedly Sold $$10.8 Million of Woodbridge Ponzi Scheme Notes to 58 Investors; Dietrich Allegedly Took in $261,000 in Commissions from Said Sales Frank Dietrich  allegedly sold $10.8 million worth of Woodbridge Ponzi notes to 58 investors, 30 of whom were firm customers, according to a FINRA Letter of Acceptance, Waiver and Consent (AWC) under review by investor rights attorney Alan Rosca. Frank Dietrich  allegedly took in $261,000 in commissions from said sales, FINRA notes. Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Frank Dietrich’s alleged involvement in the Woodbridge Ponzi scheme. The Goldman Scarlato & Penny PC law firm represents other Woodbridge investors and we would like to talk to investors who purchased Woodbridge notes through Dietrich. Investors who believe they may have lost money in activity related to Frank Dietrich’s alleged

FAILURE TO SUPERVISE  LAWYERS We represent investors who suffer losses as a result of their brokers selling them improper or fraudulent investments “away from the brokerage firm.” Selling away is the inappropriate practice by brokers or investment professionals who sell securities not offered by the brokerage firm with which they are associated or affiliated, or outside the regular course or scope of business of those brokers’ firms. Brokers or financial advisors who sell investment products which their firm doesn’t carry or offer may be liable for selling away from the firm, a practice usually prohibited because of its susceptibility to fraud, deception, and increased risk to investors. One potential hazard of selling away is that an investor may falsely believe that an outside investment is endorsed in good faith by the broker’s firm, thus giving it a mistaken sense of legitimacy and security. Also, as the firm is not properly supervising the sale according to specific