Corporate & Securities Law

Every day regulators (and criminal authorities) uncover another Ponzi scheme.  The frauds have left their mark on countless numbers of investors, especially in Illinois.

The good news is that the regulators have uncovered the frauds.  Prospective victims won't be conned, and the victimized at least may have some form of relief.  Among the possible avenues of relief are claims against those who referred investors to the fraud, claims in receivership proceedings where leftover Ponzi money has been seized, and even theft loss tax deductions that the IRS has made extremely attractive since the Bernie Madoff scandal.

Tracking and sometimes investigating the Ponzi schemes uncovered by the regulators, it is apparent that Illinois residents recently have had more than their fair share of frauds.  Let's highlight the more egregious ones.

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