Los Angeles Ponzi Scheme Defense Attorney

Have you been accused of running a Ponzi scheme in the Los Angeles area? If so, it’s vital that you begin working on your defense right away, as the consequences you might face if you’re convicted may be significant. Get started today by reviewing your case with a Los Angeles Ponzi scheme defense attorney at Okabe & Haushalter.

How Does a Ponzi Scheme Work in Los Angeles?

The specific elements of a Ponzi scheme can vary on a case-by-case basis. Generally, though, they include the following:

• Someone offers an investment opportunity, often promising nearly “too-good-to-be-true” potential returns.
• Investors provide money to support what they have been misled to believe is a legitimate business enterprise.
• The organizer of the Ponzi scheme earns the trust of (and cultivates enthusiasm among) early investors by paying them with funds supplied by new investors.
• Early investors, now having even more reason to believe this is a quality investment opportunity, may promote it to friends, family, coworkers, etc.

If law enforcement or other such parties don’t put a stop to a Ponzi scheme, it may end when the organizer dissolves it and absconds with the money they received from investors.

POTENTIAL CONSEQUENCES OF A LOS ANGELES PONZI SCHEME CONVICTION

Don’t delay in seeking the assistance of a Los Angeles Ponzi scheme defense attorney if you’ve been arrested for this crime. Being convicted could result in such penalties as:

• Lengthy jail/prison sentences
• Being forced to pay restitution to victims

Additionally, the impact that a Ponzi scheme conviction may have on your professional reputation is incalculable. Even if you offer genuine investment opportunities in the future, your odds of attracting investors will be quite low.

A Ponzi scheme conviction can also tarnish your reputation among your peers and business partners. This may negatively influence your future employment prospects.

None of this is meant to frighten you. It’s simply meant to highlight the seriousness of the charges you’re facing. If you’ve been formally accused of organizing or knowingly participating in a Ponzi scheme, schedule a meeting at our Los Angeles Ponzi scheme defense law firm right away.

HOW A LOS ANGELES PONZI SCHEME DEFENSE LAWYER CAN HELP YOU

There is no universal strategy we implement when defending clients who’ve been accused of running Ponzi schemes. Our Los Angeles Ponzi scheme defense attorneys will take the time to familiarize ourselves with the details of your case so that we may tailor our strategy to serve your specific needs.

What’s most important is that you be honest with your lawyer when discussing your case. If you’re innocent of the crimes you’ve been accused of, we will strive to demonstrate how the prosecution has failed to meet the burden of proof necessary to show you’re guilty of a crime. If there is any truth to the accusations made against you, our goal will be to minimize the penalties you might face.

At Okabe & Haushalter, we understand that being accused of organizing a Ponzi scheme can be a very stressful experience. The best step you can take right now is to protect yourself by coordinating with a qualified Los Angeles Ponzi scheme defense attorney. Learn more about how we can help by contacting us online or calling us at 310-543-7708.