Ponzi schemes, pyramid schemes and other types of ‘get rich quick’ investment scams are considered serious crimes. However, the repercussions can vary quite significantly, depending on the severity of each individual case.
When you or your business has been accused of initiating a fraudulent investment scheme – including but not limited to ponzi schemes or pyramid schemes – it’s vital that you seek the help of qualified investment fraud solicitors.
How can Carter Moore help you with your investment scam charges?
Carter Moore’s experienced fraud defence solicitors can provide legal advice and representation to anyone who is being investigated or has been charged with carrying out a ponzi scheme or pyramid scheme. These schemes are also referred to as ‘franchise fraud’, ‘multi-level marketing’ or ‘chain referral schemes’.
Our solicitors also have experience of defending allegations of multi-million pound “land-banking” investment fraud, and associated confiscation proceedings.
When you instruct our solicitors to defend you against fraudulent investment scheme charges, we will offer sound advice throughout legal proceedings, liaise with authorities on your behalf and will represent you if your case goes to court.
Investigations into ponzi schemes and other investment scams can take a significant amount of time. However, the sooner you get in touch with our solicitors concerning your ponzi scheme or pyramid scheme charges, the earlier we will be able to begin building a robust defence for you.
Our team of experienced fraud defence solicitors also represent clients for a variety of other fraud charges. Visit our fraud defence services page for further information. Alternatively, fill in our online form to enquire about our ponzi scheme and pyramid scheme services.
What are ponzi schemes?
Ponzi schemes are ‘get rich quick’ investment scams which pay returns to investors from their own money, or from money paid in by subsequent investors. There is usually no actual investment scheme as those operating the schemes siphon off the money for themselves.
How do they work? Typically someone places an advertisement for a non-existent investment that offers extraordinary returns in a short space of time.
After receiving the promised returns on their investment, the first investors start to tell family and friends. Accordingly, the “scheme” gains credibility.
The money isn’t invested in any kind of investment vehicle, so there are no profits. Instead, the first investors are simply paid out from the money paid in by new investors.
Ponzi schemes are created for all levels of income, and have taken in investors in the top bracket as well as those on middle and low level incomes.
The schemes collapses when no new investors can be found or when earlier investors try to withdraw their principal investment. Most investors in a Ponzi scheme lose their money.
Instruct Carter Moore’s investment fraud defence solicitors to represent you
Get in touch with our team as soon as possible, to give us plenty of time to build a strong defence ahead of representing you in court.
Call our specialist ponzi scheme and pyramid scheme solicitors on 0800 1 444 111, or email them at firstname.lastname@example.org. Alternatively, fill in our online form and we will be in touch as soon as possible.