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.

LERMAN LAW FIRM SUPPORTS CANDACE LERMAN'S RARE DISEASE PATIENT ADVOCACY

Rare Disease Advocate Candace Lerman to Lobby for Congressional Support of Vital OPEN Act During Rare Disease Week February 29 - March 3

Candace Lerman, the Florida Director for the Rare Disease United Foundation, founder of RareCandace.com, and a passionate rare disease advocate, will visit the U.S. Senate next week to voice her support of the Orphan Product Extensions Now Accelerating Cures and Treatments (OPEN Act).

Fort Lauderdale, FL (PRWEB) February 25, 2016

Rare Disease Advocate Candace Lerman is headed to Washington, D.C. for Rare Disease Week which runs February 29 - March 3 to educate U.S. Senators about the need for the Orphan Product Extensions Now Accelerating Cures and Treatments (OPEN Act). This legislation would allow rare disease patients to use FDA-approved drugs deemed safe and effective for other conditions.

Candace is the founder of RareCandace.com, where she blogs about issues surrounding her rare blood disorder, Immune Thrombocytopenia, and the Florida Director for the Rare Disease United Foundation. She also writes numerous articles on topics involving rare diseases, orphan drugs and biotechnology, and is a Juris Doctor candidate at the Shepard Broad College of Law at Nova Southeastern University.

Candace had a successful visit with lawmakers in the House of Representatives last year, in which she helped advocate for the OPEN Act, which was included in HR 6, the 21st Century Cures Act. She hopes to have the same level of success with her Senate visits next week.

Candace’s most recent article for the International Pemphigus and Pemphigold Foundation discusses her off-label use of the chemotherapy drug Rituxan (the type of use that would be permitted to all rare disease patients through the OPEN act), which put her rare disease in remission.

Despite the fact that there are over 7,000 known rare diseases and most of them have no FDA approved treatment, the OPEN Act has not been made a priority for the Health Education Labor and Pension committee. But Candace hopes that after Rare Disease Week and visits from her and other advocates, the committee will see the importance of the bill.

Candace will also be attending Rare Disease Day at the National Institutes of Health in Bethesda, Maryland on February 29, where she will meet with patients and researchers to discuss biomedical research impacting the rare disease community. The National Institutes of Health will also display artwork from Rare Disease United Foundation’s Beyond the Diagnosis art exhibit in honor of Rare Disease Day.

WELCOME TO THE NEW LERMAN LAW FIRM WEBSITE!

We are very pleased to welcome you to our new and improved website.  The very talented Odessa Begay designed our new site.  We think you will find it to be easier to navigate, find information, and generally have a better experience. 

In the next few weeks, we will be rolling out our "Wealthy But Wise" program.  You will see a new tab on this website that provides information on this exciting new endeavor.  The Lerman Law Firm has always been dedicated to serving and protecting the elderly, consumers and investors.  Now we have a program that provides additional protection, services and a multitude of information and professional guidance to make sure that you, our clients, remain "Wealthy But Wise."  Stay tuned!  All the best, Cathy