LERMAN LAW FIRM ISSUES NATIONWIDE ELDER FINANCIAL EXPLOITATION ALERT OF PONZI SCHEMES TOUTING NFL PLAYERS AS CURRENT INVESTORS

 

http://www.globenewswire.com/news-release/2016/03/03/816663/0/en/Lerman-Law-Firm-Issues-Nationwide-Elder-Financial-Exploitation-Alert-of-Ponzi-Schemes-Touting-NFL-Players-as-Current-Investors.html

Any seniors, NFL players, or others who believe they may be victims of these investment schemes are encouraged to contact local, state and federal authorities immediately to help bring the perpetrators to justice.

FORT LAUDERDALE, Fla., March 03, 2016 (GLOBE NEWSWIRE) -- The Lerman Law Firm (Cathy Jackson Lerman, PA) today issued a nationwide alert to senior citizens and elders, who are being targeted for Ponzi and investment schemes, and drawn in on the premise that players in the National Football League (NFL) are already investors. These senior victims are approached and enticed by investment fraud promoters to invest through self-directed IRAs, promissory notes, cash or penny stocks. In most cases, the NFL players used to promote the Ponzi schemes are actually victims themselves and have no knowledge that their names are being used to perpetuate fraud on the elderly.

Cathy Lerman, Esq. of the Lerman Law Firm stated today: “Our law firm is working with a wide array of victims, whistleblowers, and state and federal law enforcement to bring the perpetrators of these schemes against the elderly to justice. We are also assisting NFL players who are victims of these fraudulent investment schemes.”

Lerman added: “We encourage any seniors, NFL players, or others who believe they may be victims of these financial exploitation schemes to immediately contact law enforcement.  Victims should also file complaints with the SEC, the attorneys general of their state and their state securities commissions.  This is an ongoing case of affinity fraud being conducted all across the United States, and it must be stopped immediately.”

The Lerman Law Firm is headquartered in Fort Lauderdale, Florida but handles a variety of legal matters across the United States including, but not limited to regulatory issues, elder law, consumer protection, ethics and public corruption.  Ms. Lerman may be reached at clerman@lermanfirm.com or 954-332-1143.

March 03, 2016 10:00 ET | Source: Lerman Law Firm

Any seniors, NFL players, or others who believe they may be victims of these investment schemes are encouraged to contact local, state and federal authorities immediately to help bring the perpetrators to justice.

FORT LAUDERDALE, Fla., March 03, 2016 (GLOBE NEWSWIRE) -- The Lerman Law Firm (Cathy Jackson Lerman, PA) today issued a nationwide alert to senior citizens and elders, who are being targeted for Ponzi and investment schemes, and drawn in on the premise that players in the National Football League (NFL) are already investors. These senior victims are approached and enticed by investment fraud promoters to invest through self-directed IRAs, promissory notes, cash or penny stocks. In most cases, the NFL players used to promote the Ponzi schemes are actually victims themselves and have no knowledge that their names are being used to perpetuate fraud on the elderly.

Cathy Lerman, Esq. of the Lerman Law Firm stated today: “Our law firm is working with a wide array of victims, whistleblowers, and state and federal law enforcement to bring the perpetrators of these schemes against the elderly to justice. We are also assisting NFL players who are victims of these fraudulent investment schemes.”

Lerman added: “We encourage any seniors, NFL players, or others who believe they may be victims of these financial exploitation schemes to immediately contact law enforcement.  Victims should also file complaints with the SEC, the attorneys general of their state and their state securities commissions.  This is an ongoing case of affinity fraud being conducted all across the United States, and it must be stopped immediately.”

The Lerman Law Firm is headquartered in Fort Lauderdale, Florida but handles a variety of legal matters across the United States including, but not limited to regulatory issues, elder law, consumer protection, ethics and public corruption.  Ms. Lerman may be reached at clerman@lermanfirm.com or 954-332-1143.

LERMAN LAW FIRM ISSUES SELF-DIRECTED IRA INVESTOR ALERT AND GUIDANCE

The SEC has filed an enforcement action against Equity Trust Company, a self-directed IRA headquartered in Ohio, for facilitating the sale of securities/investments in certain Ponzi schemes.

Consumers/Investors who invested through Self-Directed IRAs in fraudulent investment schemes or Ponzi schemes are advised to file complaints with the SEC against the Self-Directed IRA Custodian if the Custodian facilitated the sale of the securities/investment, solicited the consumer to purchase the securities/investment, or recommended the purchase of the securities/investment.

Consumers should go to the SEC website at: https://www.sec.gov/complaint/tipscomplaint.shtml to file a complaint.

RENUEN VICTIMS-PLEASE READ

If you believe you are the victim of a crime regarding your transaction with Renuen Corporation and/or its employees, officers and directors you can report it to the FBI using the following link: https://tips.fbi.gov.You may also file a complaint with your local police department.  Be sure to provide a copy of all documents given you by Renuen including the Notice of Commencement and Application for the Permit if your signature was forged on those documents or your signature was notarized outside of your presence.  The "power of attorney" contained in the Renuen contract is not valid or binding under Florida law therefore Renuen did not have the authority to forge your signature on documents. See Florida statute section 709.2105.