William D. Allen and Susan C. Daub— Ponzi Scheme

ponzi scheme attorneysWilliam D. Allen and Susan C. Daub Allegedly Operated a $31 .7 million Ponzi Scheme

William D. Allen and Susan C. Daub, From July 2012 through February 2015, allegedly operated a Ponzi scheme which raised approximately $31 .7 million from at least forty investors, according to an SEC Complaint from the State of Massachusetts presently being reviewed by attorneys Alan Rosca and Joe Peiffer.

William D. Allen and Susan C. Daub, acting through two Massachusetts based companies, Capital Financial Partners, LLC and Capital Financial Holdings, LLC, and one Florida-based company, Capital Financial Partners Enterprises, LLC which claimed to specialize in short-term loans to professional athletes, the Complaint notes.

The Peiffer Rosca Wolf securities lawyers are currently investigating William D. Allen and Susan C. Daub for allegedly running a Ponzi scheme. The Peiffer Rosca Wolf securities lawyers would like to talk to investors and determine whether or not they can help them seek compensation for their investments.

William D. Allen and Susan C. Daub Allegedly Used False Documentation in Order to Mislead Investors, Withdrew More than $7 Million of Investor Money to Pay Personal Expenses

William D. Allen and Susan C. Daub allegedly used false documentation in order to mislead investors as to the terms, circumstances, and even existence of some of the loan transactions in which the investors are induced to participate, according to an SEC Complaint from the State of Massachusetts presently being reviewed by attorneys Alan Rosca and Joe Peiffer.

Furthermore, William D. Allen and Susan C. Daub allegedly withdrew more than $7 million of the investors’ money to pay personal expenses or to fund other business ventures, according to the Complaint.

Finally, William D. Allen and Susan C. Daub allegedly covered up scheme by paying existing investors with newer investor money, a telltale sign of a Ponzi scheme, according to the Complaint.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of Ponzi schemes. They are currently investigating William D. Allen and Susan C. Daub 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. The Peiffer Rosca Wolf securities lawyers would like to talk to investors and determine whether or not they can help them seek compensation for their investments.

Investors who believe they lost money as a result of William D. Allen and Susan C. Daub for allegedly operating a 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 (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.