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 REQUESTS ASSISTANCE FROM WHISTLEBLOWERS WITH EVIDENCE OF SELF-DIRECTED IRA CUSTODIANS FACILITATING PONZI SCHEMES

  REQUEST FOR ASSISTANCE FOR VICTIMS OF PONZI SCHEMES FACILITATED THROUGH SELF-DIRECTED IRAs

The SEC has launched an investigation into the activities of purported Self-Directed IRA Custodian Equity Trust. However, the issue of Self-Directed IRA Custodians facilitating fraudulent investment schemes and Ponzi schemes is an industry issue not limited to Equity Trust.  The Lerman Law Firm is requesting that all whistleblowers and witnesses with direct knowledge and information concerning Self-Directed IRA Custodians facilitating, aiding, abetting, advertising, soliciting for, and promoting fraudulent investment schemes contact Cathy Lerman at 954-332-1143.  All information provided will remain confidential.

We know there are many former employees of Self-Directed IRA Custodians who are aware of their wrongful conduct and the devastating losses incurred by their customers through fraudulent investments funded through Self-Directed IRAs.  It is time to help these thousands of people by supplying the information necessary to bring all of the Self-Directed IRA Custodians, who helped fraudsters swindle their own customers, to justice.

Please contact Cathy Lerman at 954-332-1143 to provide assistance to these victims and aid in prosecution of these Self-Directed IRA Custodians.

LERMAN LAW FIRM IS PLEASED TO ANNOUNCE SEC INVESTIGATION OF EQUITY TRUST COMPANY

THE SEC HAS ANNOUNCED AN INVESTIGATION OF EQUITY TRUST COMPANY, A PURPORTED SELF-DIRECTED IRA CUSTODIAN. HERE IS A LINK TO THE ANNOUNCEMENT BY THE SEC: http://www.crainscleveland.com/article/20150616/NEWS/150619845/u-s-securities-and-exchange-commission-pursues-charges-against The Lerman Law Firm is co-counsel in a class action suit involving hundreds of Equity Trust customers who were the victims of multi-million dollar Ponzi schemes, including that of now-convicted felon Ephren Taylor.  The Lerman Law Firm applauds the SEC's actions and looks forward to the responsible persons within Equity Trust being brought to justice for aiding and abetting Ponzi schemes and fraudulent investment schemes.  This is a great day for our victims.

EXCELLENT VICE ARTICLE ON EPHREN TAYLOR-THE BLACK BERNIE MADOFF

VICE HAS DONE A GREAT JOB OF ANALYZING TAYLOR'S RELIGIOUS AFFINITY FRAUD.  I HOPE CHURCH LEADERS WILL TAKE TO HEART THE LESSONS LEARNED FROM TAYLOR-DON'T EVER THINK THAT THE DEVIL IS ONLY OUTSIDE THE CHURCH.  HE MAY BE STANDING IN THE PULPIT PREACHING A SERMON AND HIS NAME MAY BE EPHREN TAYLOR.  HERE IS THE  VICE ARTICLE:

http://www.vice.com/read/the-black-bernie-madoff-000442-v21n9

EPHREN TAYLOR VICTIMS-SOME PEOPLE TO THANK FOR TAYLOR'S INDICTMENT

I know all of you are as elated as I am about Taylor's indictment, I want you as you give prayers of thanks to God today for this victory to also give thanks and send blessings to all of those people who have stood by all of us and helped expose Taylor for the criminal that he is.  There are many:

First of all, please pray for strength and guidance for Assistant United States Attorney Christopher J. Huber  and his team who will be prosecuting Taylor's case.

Secondly-please pray a prayer of gratitude and thanks for the devotion and hard work of Secret Service Agent Steve Whitaker who has the patience of a saint for putting up with me and who has stood by all of the victims from the beginning.

Third-please pray a special prayer of thanks and blessings for Evan Nierman of Red Banyan Group who has stood by me for the last three years and has done everything in his power to draw attention to the plight of Taylor's victims.  Without Evan's help, your story may never have been heard.  Pray that God will bless him and his public relations firm richly for all of his hard work on your behalf.

Fourth-also pray a special prayer of thanks for the Snyder Dorenfeld law firm in Los Angeles, California who for the past two years have been part off our legal team and have devoted thousands of hours seeking justice on behalf  of all of you as well as our other Ponzi scheme clients.  Attorneys David Dorenfeld and Mike Brown have provided invaluable guidance as we pursue all of the class action suits and deserve God's richest blessings for their efforts.  They jumped into these cases and have never looked back.  May God bless them both!

Fifth-The people at ABC Nightline who,when no one else would listen, took the Ephren Taylor story and made it national news, persisted in exposing Taylor and his crimes and have told your story to the world.  I especially want to thank Steve Osunsami who bravely confronted Taylor directly about his Ponzi schemes and how he victimized all of you. Please pray a special prayer of thanks and blessings for Steve and the entire Nightline Team.  

And now, our journey begins to see what will happen with Taylor and his criminal trial, if there is one. As you all know, Ephren is a "deal maker" and I am sure he will try to negotiate his way out of this. 

As I said on Nightline, I am concerned that he is a  flight risk and I wish he was in custody but perhaps that will happen soon. In any event, today we have a lot to be thankful for. I am going to address the future and other litigation in another Blog. 

May God bless all of you!

And remember our mantra: DO NOT BE OVERCOME BY EVIL BUT OVERCOME EVIL WITH GOOD.  ROMANS 12:21.  AMEN.