George W. Montgomery—Ponzi Scheme

investors rights attorneysGeorge W. Montgomery, Deceased Former Arizona State University Football Captain, Allegedly Operated a Multimillion Dollar Twin Peaks Ponzi Scheme, Terminated by Fortune Financial Services and United Planners Financial Services

Have you lost funds investing with George Montgomery? George Montgomery, the now deceased former Arizona State University football captain, allegedly ran a multimillion dollar Ponzi scheme, according to an investigation from the Securities Division of the Arizona Corporation Commission currently under review by attorneys Alan Rosca and Joe Peiffer.

George W. Montgomery was a financial advisor and registered representative of Fortune Financial Services (FFS) from January 2012 to July 2013, and also worked with United Planners Financial Services (UPFS) of America from 2005 to October 2011, according to a FINRA Broker Check Report. Montgomery was terminated by UPFS on October 2011 for alleged involvement in an unapproved outside business activity.

The Peiffer Rosca Wolf securities lawyers are currently investigating George W. Montgomery’s sales of certain securities.

Twin Peaks Alleged Ponzi Scheme Purportedly Lost at Least $3 Million

George W. Montgomery, who purportedly shot himself three times and suffered four wounds, according to an autopsy from the Yavapai County Medical Examiner,  allegedly lost $3 million worth of investor money whilst running a Ponzi scheme known as Twin Peaks, according to an investigation from the Securities Division of the Arizona Corporation Commission presently being reviewed by attorneys Alan Rosca and Joe Peiffer.

A FINRA arbitration claim have named Fortune Financial Services and United Planners Financial Services of America, where an investor alleges that Montgomery misrepresented the risks of a security and failed to invest money that was given to him, leading to losses of at least $235,000, FINRA reports.

The alleged scheme, called Twin Peaks, was located at the Yavapai County ghost town Stanton, near Congress, Arizona.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged Ponzi schemes, and are currently investigating George W. Montgomery’s alleged Ponzi scheme and the sale of certain securities. 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 George W. Montgomery’s alleged Ponzi scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: George W. Montgomery
Status: INVESTIGATED by Peiffer Rosca

For brokercheck report and additional info click here!

Alan Rosca (1206 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.