Investors in Lynn A. Simon’s Alleged Indiana Ponzi Scheme Encouraged to Contact Peiffer Wolf Carr & Kane Investment Recovery Lawyers

Investment fraud attorneysDid you invest funds with Lynn A. Simon, of Newburgh? The Peiffer Wolf Carr & Kane investment recovery lawyers are currently investigating Lynn A. Simon who, according to reports from the Indiana Secretary of State, allegedly ran an Indiana-based Ponzi scheme that swindled four investors.

Simon allegedly offered his victims the choice opportunity to invest in a “special company,” promised investors a high rate of return, but, in reality, rather than investing the money as promised, Simon allegedly used the money for his own personal gain, according to Indiana State documents currently being reviewed by attorneys Joe Peiffer and Jason Kane.

Simon solicited clients through his company Financial Security Planning, Inc., but over the past 25 years, he had allegedly earned most of his victims’ trust by serving as their insurance agent and investment advisor.

He operated two Evansville companies: The Insurance Shoppe and Financial Security Planning

The investigation began when Simon allegedly went missing from Indiana in April of 2013. Investors started reporting to the Secretary of State’s office that they were reportedly no longer receiving interest payments on their investments.

Simon reportedly left the state, and authorities traced his alleged whereabouts to Alabama, and then later to New Mexico. He continued to roam free, according to reports, while authorities sought to serve the arrest warrant until he submitted to the authority of the court, just as the Secret Service and local police zeroed in on his location.

Investment Recovery Lawyers Investigating

The Peiffer Wolf Carr & Kane investment recovery lawyers are currently investigating the Lynn A. Simon case, and the possibility of assisting any investors with the recovery of any losses they may have suffered. 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 Lynn A. Simon’s alleged misconduct may contact the investment rights attorneys at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.

Broker: Lynn A. Simon

Status: INVESTIGATED by Peiffer Rosca.

For brokercheck report and additional info click here!

Peiffer Wolf (1248 Posts)

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.