Go to main navigation
1860 Blake Street, Suite 610, Denver, Colorado 80202
303-293-2333 303-293-2333


Denver Ponzi Scheme Attorneys

Among the most experienced Ponzi lawyers in Denver

Not many people know that the term Ponzi scheme is named after Charles Ponzi, who duped investors in the 1920s with a postage stamp speculation scheme. A Ponzi scheme is an investment fund that pays existing investors with funds collected from new investors until it collapses. Today, Ponzi schemes are quite prevalent, with the most recent and largest operated by former NASDAQ chairman Bernard Madoff, resulting in billions of dollars in losses to investors.

If you are the victim of a Ponzi scheme, you may seek the return of any withdrawals or payments you received from the Ponzi scheme. Denver Ponzi scheme attorneys at Gersh & Thomaidis, LLC are ready to protect your rights and interests. We are experienced litigators with years of experience in dealing with Ponzi schemes.

Our late founding partner, Miles M. Gersh, is quoted in “The Biggest Green Scam in America,” a July 2011 article about a Ponzi schemer published in 5280 The Denver Magazine. With experience in this area, both the press and our peers in the Colorado legal community turn to us for advice and counsel.

Anyone can fall victim to a Ponzi scheme

Ponzi schemes often have common characteristics, including:

  • High returns with little or no risk ― Be wary of any guaranteed low- or no-risk investment opportunity. Investments yielding higher returns typically involve more risk.
  • Overly consistent returns ― Be skeptical about an investment opportunity that generates consistent positive returns regardless of overall market conditions.
  • Unregistered investments ― Ponzi schemes are not typically registered with the Securities Exchange Commission or with state regulators. Registration is important because it provides information about a company’s management, products, services and finances.
  • Unlicensed sellers ― Most Ponzi schemes involve unlicensed individuals or unregistered firms. Federal and state securities laws require investment professionals and firms to be licensed or registered.
  • Secretive, complex strategies ― Avoid investments if you don’t understand them or can’t get complete information about them. If your advisor can’t explain the deal to your satisfaction, this is already a red flag.
  • Issues with paperwork ― Account statement errors may be a sign that funds are not being invested as promised.
  • Difficulty receiving payments ― Be suspicious if you don’t receive a payment or have difficulty cashing out. Ponzi scheme promoters sometimes try to prevent participants from cashing out by offering even higher returns.

A Denver Ponzi scheme law firm protecting your interests

If you are the victim of a Ponzi scheme, Gersh & Thomaidis, LLC will aggressively represent you and safeguard your best interests. Call us at 303-293-2333 or contact the firm online to schedule your complimentary consultation. We understand what is at stake for you.