Recovering Losses caused by Investment Misconduct

Two Men Accused in Alleged $22 Million Ponzi Scheme

Late last month, the Securities and Exchange Commission (SEC) sued two men for allegedly defrauding teachers and retirees out of approximately $22 million. The SEC claims that James Risher and Daniel Sebastian ran a Ponzi scheme that affected more than 100 investors.

It is alleged that Mr. Risher and Mr. Sebastian posed as a private equity firm that promised investors annual returns of as much as 124%. The SEC further accuses the men of paying themselves millions in fees and sending customers false account statements.

Mr. Risher was indicted on criminal charges on June 29, 2011. Mr. Sebastian, through his attorney, maintains that he was deceived by Mr. Risher and is cooperating with the government.

About our law firm:

Meyer Wilson is an Ohio law firm that represents individual investors who are victims of securities fraud or investment misconduct. Our experienced Ohio investment fraud attorneys have successfully represented more than 800 investors from around in the country in stockbroker mediation, arbitration, and litigation claims.

We have dedicated our practice to helping victims of financial fraud or investment scams try to recover the money to which they are legally entitled.

To learn more about your potential case, please read our FREE book Five Signs of Investment Fraud and What to Do if it's Happened to You, and please contact an experienced investment fraud lawyer today at 1-614-244-6000 for a free consultation.

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