The SEC routinely investigates and prosecutes those who develop Ponzi schemes, pyramid schemes, fraudulent high-yield investment scams and other forms of securities schemes. Some of these are incredibly sophisticated (as was the case with the now-infamous Bernie Madoff scheme) and developed over several years. Others are detected more easily. Such scams continue to cause significant harm to fraud victims – often our most vulnerable citizens – and to the confidence in investors and public markets.
As with the Bernie Madoff scheme, it often takes a whistleblower to detect and help regulators investigate and prosecute those perpetrating these frauds. Those with knowledge of Ponzi schemes, pyramid schemes or other scam investments are encouraged to report to the SEC Whistleblower Office. If one reports such fraud with the help of qualified SEC whistleblower attorney, the whistleblower may remain anonymous.
Hagens Berman represents several whistleblower actions under the SEC Whistleblower Program, including representation of high-profile market expert Haim Bodek, and marshals its significant nationwide resources and expertise in financial fraud to best present whistleblower matters to the SEC.
