Former Waco Financial Planner Charles D. Jones Facing Federal Fraud Charges in Alleged $8 million ‘Ponzi-type Scheme’

ponzi scheme attorneysA well-known former Waco financial adviser Charles D. Jones allegedly stole at least $8 million from his clients in a Ponzi-type investment scheme during the past decade, according to a federal complaint.

The Peiffer Rosca Wolf investment rights lawyers are currently investigating Charles D. Jones, owner of Charles D. Jones Capital Management Inc., who has been charged with wire fraud in an alleged scheme that federal prosecutors describe as “basically a rob Peter to pay Paul system.”

Charles D. Jones Faces up to 30 Years in Prison for Alleged ‘Ponzi-type Scheme’

Jones, a 1978 graduate of Baylor Law School, has dealt with several ramifications since the allegations have come to light. For example, according to court records currently under review by attorneys Joe Peiffer and Alan Rosca, Jones surrendered his law license in June 2014.

In addition, Jones, who waived indictment, is charged in what is known as a federal information, was released on a $25,000 unsecured bond, and is reportedly set to plead guilty in Waco’s federal court on Feb. 19 and faces up to 30 years in prison and a fine up to $1 million, according to court records currently being reviewed by attorneys Alan Rosca and Joe Peiffer.

The Peiffer Rosca Wolf investment rights lawyers are investigating Jones, and welcome investor inquiries regarding this matter.

Investment Rights Lawyers Investigating

The Peiffer Rosca Wolf investment rights lawyers often represent investors who lose money as a result of investment misconduct and Ponzi schemes, and are currently investigating Charles D. Jones, and his alleged Capital Management Inc. 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.

Any investor who believes they lost money as a result of Charles D. Jones, and his alleged Capital Management Inc. Ponzi scheme are invited to contact the investment rights attorneys at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1159 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.