Veros Partners, Inc., its President, Matthew D. Haab, and Two Associates, Attorney Jeffrey B. Risinger and Tobin J. Senefeld Veros— Fraudulent Farm Loan Scheme Charges

investors rights attorneysVeros Partners, Inc., its President, Matthew D. Haab, and Two Associates, Attorney Jeffrey B. Risinger and Tobin J. Senefeld, Allegedly Fraudulently Raised at Least $15 Million from at Least 80 Investors, Most of Whom Were Veros Advisory Clients

Veros Partners, Inc., its president, Matthew D. Haab, and two associates, attorney Jeffrey B. Risinger and Tobin J. Senefeld, in 2013 and 2014, allegedly fraudulently raised at least $15 million from at least 80 investors, most of whom were Veros advisory clients, according to SEC Documents currently under review by attorneys Joe Peiffer and Alan Rosca.

The investors were allegedly informed that their funds would be used to make short-term operating loans to farmers, but instead, significant portions of the loans were to cover the farmers’ unpaid debt on loans from prior offerings, the SEC further reports.

The Peiffer Rosca Wolf securities lawyers are currently investigating Veros Partners, Inc., its president, Matthew D. Haab, and two associates, attorney Jeffrey B. Risinger and Tobin J. Senefeld, and their alleged Ponzi Scheme.

Veros Partners, Inc. Has Had its Alleged Farm Loan Ponzi Scheme Halted by the SEC

Veros Partners, Inc. has had charges filed against it by the SEC for engaging in two fraudulent farm loan offerings, in which they made Ponzi scheme payments to investors in other offerings and paid themselves hundreds of thousands of dollars in undisclosed fees, according to SEC Documents currently under review by attorneys Joe Peiffer and Alan Rosca.

The investors were allegedly informed, the SEC reports, that their funds would be used to make short-term operating loans to farmers, but instead, large amounts of the loans were to cover the farmers’ unpaid debt on loans from prior offerings.

Finally, Haab, Risinger and Senefeld allegedly used money from the two offerings to pay millions of dollars to investors in prior farm loan offerings and to pay themselves over $800,000 in undisclosed “success” and “interest rate spread” fees, according to an SEC Complaint.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged Ponzi schemes. They are currently investigating Veros Partners Inc.’s alleged 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 the sale of the alleged Veros 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.

Alan Rosca (1200 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.