National Securities Fraud Attorney Files Additional Fraud Charges In Connection With Woodbridge Ponzi Scheme
Chris Bebel, an investment fraud lawyer who has successfully represented numerous victims of securities fraud located throughout the nation, recently filed additional charges in connection with the Woodbridge Ponzi scheme. The newly-filed allegations rest on common law fraud principles, together with the Texas Securities Act, and breach of contract precedent. According to the SEC, Robert H. Shapiro and the Woodbridge Group of Companies, LLC (“Woodbridge”) “defrauded more than 8,400 investors,” as discussed in more detail in the SEC’s December 21, 2017 press release. Per the text of that SEC press release, sales agents “pitched the investments as ‘low risk’ and ‘conservative.’” Investors who have lost their hard-earned savings in connection with the Woodbridge Ponzi scheme are urged to confer with a securities lawyer practicing at a securities law firm which is experienced in the stock broker fraud area. Generally speaking, it is often prudent to avoid general practi