Private Placement Scams – Be Careful!

We have been representing a number of hardworking individuals approaching
retirement age, who have been convinced to place a significant portion of their life savings in shady
private placement investments.  Private placements are generally illiquid and unmarketable
investments usually designed for high net worth individuals.  Investors in private placements are
generally required by Regulation D to meet the “accredited investor” standard, which includes a net
worth exclusive or private residence in excess of $1,000,000.00, or earned income over the past two
years in excess of $200,000.00 – very few Americans meet these parameters. 

 

Unfortunately, unscrupulous financial advisers will “fudge” these forms to
lure unwitting and unsuited investors who can ill afford to lose their monies in private placement
investments meant only for those who can afford to lose all of their investment. 

We offer a free initial consultation to investors who feel they have been
taken advantage of by the wrongful suggestion of private placement investments.

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