Have you lost money because your money was badly managed by the Stanford Financial Group? You're not alone, and there are solutions. This page can give you the information you need to understand what's going on—and what you can do to regain control of the situation.
What happened?
The Stanford Financial Group offered investors profits that were unrealistic. Thankfully, this sent a clue to the government that Stanford Financial Group might be doing something irresponsible with investors' money. When the government investigated in February of 2009, they discovered that Stanford Financial Group was defrauding billions of people.
After offering potential investors impossible returns on their money to pull them in, Stanford Financial Group began running what was essentially a massive Ponzi Scheme. In a Ponzi Scheme, the firm that's taking your money takes it, and then gives it right back to you, without really investing it. The more people that sign up for investment, the more money the firm has to give back to the investors—but the funds aren't really growing.
To hide this fraud, Stanford Financial Group lied on their financial statements and to their investors. While the leadership of Stanford Financial Group has been charged with fraud and the fraudulent scheme has been stopped, you're probably still feeling the pain of losing your invested money.
What can I do?
If you and your assets were harmed by the Stanford Financial Group, there is hope for you to regain your money. By contacting an investment fraud attorney, like the ones who represent cases for The Hayes Law Firm, you can hold Stanford Financial Group accountable for abusing your money and lying to you.
They are responsible for losing your money, and you have the right to regain your lost investment.
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