Menu
Landsman Law Firm, LLC Landsman Law Firm, LLC
EXPERIENCED SECURITIES LITIGATION ATTORNEY LEGAL REPRESENTATION INVESTED IN YOUR FUTURE
312-801-5684

Consumer Fraud Archives

What is a Ponzi Scheme and How You Can Protect Yourself

In recent years, the cases involving Bernard Madoff and other similar scam artists have made Ponzi schemes headlines in recent years. In March of 2009, Madoff pled guilty in federal court for running a massive Ponzi scheme that is said to be by far the largest fraud of this type in U.S. history, possibly involving more than $64 billion. Each year, Ponzi schemes cause thousands of unsuspecting investors financial devastation.