Bryan W. Anderson—Ponzi Scheme
Bryan W. Anderson Allegedly Operated a $3 Million Ponzi which Purportedly Affected Twelve Investors
Bryan W. Anderson, of Alabama, allegedly operated a Ponzi scheme which purportedly siphoned more than $3 million from investors, according to according to U.S. Court Documents presently under review by attorneys Jason Kane and Joe Peiffer.
From January 2009 through January 2014, Anderson allegedly made false representations and promises which caused about 18 individual and family investors to give him more than $8.4 million, according to Court Documents from Alabama.
The reports from Alabama go on to detail that investors ranged in age from 36 to 93 years old and many of them had purportedly invested their life savings in Anderson’s scheme. The Peiffer Wolf Carr & Kane securities rights lawyers are currently investigating Bryan W. Anderson for allegedly operating the aforementioned Ponzi scheme.
Bryan W. Anderson Ordered to Pay Restitution of $3,068,614, with interest, to Investors, and Ordered to Enter Alcohol Rehab Program
Bryan W. Anderson, 41, has been ordered by U.S. District Court Judge Virginia Hopkins to pay restitution of $3,068,614, with interest, to the alleged victims, according to U.S. Court Documents presently under review by attorneys Jason Kane and Joe Peiffer.
In addition, Anderson has also been ordered to serve three years on probation under the supervision of the U.S. Probation Office, and must also take part in an alcohol treatment program, according to said reports from Alabama. What is more, Anderson pleaded guilty in March to wire fraud, money laundering and securities fraud charges, according to Court Documents from Alabama.
Many of the investors claim to have been financially ruined by the activities of Anderson and point the finger at a lack of proper supervision at MetLife and Pruco, where Anderson formerly worked, according to Court Reports from Alabama.
Securities Rights Lawyers Investigating
The Peiffer Wolf Carr & Kane securities rights lawyers often represent investors who lose money as a result of alleged Ponzi schemes. They are currently investigating Bryan W. Anderson for allegedly operating a Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Bryan W. Anderson for his alleged Ponzi scheme may contact the investment rights lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.