{"id":6184,"date":"2018-07-04T07:14:23","date_gmt":"2018-07-04T11:14:23","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=6184"},"modified":"2018-07-05T11:15:55","modified_gmt":"2018-07-05T15:15:55","slug":"texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/","title":{"rendered":"Texas, Louisiana Senior Investors Targeted in $3.8 M Ponzi Scheme Costing Them Their Life Savings"},"content":{"rendered":"<h2 style=\"text-align: justify;\"><strong>Retirement planning firm owner allegedly paid for lavish living expenses and more with elderly investors\u2019 money<\/strong><\/h2>\n<p style=\"text-align: justify;\">It has happened again. The Securities Exchange Commission (SEC) has uncovered yet another alleged Ponzi scheme targeting the most vulnerable of investors: the elderly. Clifton Stanley of Galveston, Texas is accused of cheating his elderly investors \u2013 those in their eighties and nineties \u2013 out of $3.8 million dollars in two related scams.<\/p>\n<h3 style=\"text-align: justify;\"><strong>The first alleged scheme: PONZI<\/strong><\/h3>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/\"  title=\"Continue Reading Texas, Louisiana Senior Investors Targeted in $3.8 M Ponzi Scheme Costing Them Their Life Savings\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Retirement planning firm owner allegedly paid for lavish living expenses and more with elderly investors\u2019 money<\/p>\n<p>It has happened again. The Securities Exchange Commission (SEC) has uncovered yet another alleged Ponzi scheme targeting the most vulnerable of investors: the elderly. Clifton Stanley of Galveston, Texas is accused of cheating his elderly investors \u2013 those in their eighties and nineties \u2013 out of $3.8 million dollars in two related scams. <\/p>\n","protected":false},"author":2,"featured_media":6185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[588,612],"tags":[946,945,295,64],"class_list":["post-6184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finra-arbitration","category-forex-trading","tag-life-savings","tag-louisiana-senior-investors","tag-ponzi-scheme","tag-texas"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Texas, Louisiana Senior Investors Targeted in $3.8 M Ponzi Scheme Costing Them Their Life Savings &#8212; Securities Arbitration Lawyers Blog &#8212; July 4, 2018<\/title>\n<meta name=\"description\" content=\"Retirement planning firm owner allegedly paid for lavish living expenses and more with elderly investors\u2019 money  It has happened again. The Securities Exchange Commission (SEC) has uncovered yet another alleged Ponzi scheme targeting the most vulnerable of investors: the elderly. Clifton Stanley of Galveston, Texas is accused of cheating his elderly investors \u2013 those in their eighties and nineties \u2013 out of $3.8 million dollars in two related scams. &#8212; July 4, 2018\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Texas, Louisiana Senior Investors Targeted in $3.8 M Ponzi Scheme Costing Them Their Life Savings &#8212; Securities Arbitration Lawyers Blog &#8212; July 4, 2018\" \/>\n<meta name=\"twitter:description\" content=\"Retirement planning firm owner allegedly paid for lavish living expenses and more with elderly investors\u2019 money  It has happened again. The Securities Exchange Commission (SEC) has uncovered yet another alleged Ponzi scheme targeting the most vulnerable of investors: the elderly. Clifton Stanley of Galveston, Texas is accused of cheating his elderly investors \u2013 those in their eighties and nineties \u2013 out of $3.8 million dollars in two related scams. &#8212; July 4, 2018\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2018\/07\/Texas-Louisiana-Senior-Investors-Targeted-in-3.8-M-Ponzi-Scheme-Costing-Them-Their-Life-Savings.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Texas, Louisiana Senior Investors Targeted in $3.8 M Ponzi Scheme Costing Them Their Life Savings &#8212; Securities Arbitration Lawyers Blog &#8212; July 4, 2018","description":"Retirement planning firm owner allegedly paid for lavish living expenses and more with elderly investors\u2019 money  It has happened again. The Securities Exchange Commission (SEC) has uncovered yet another alleged Ponzi scheme targeting the most vulnerable of investors: the elderly. 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The Securities Exchange Commission (SEC) has uncovered yet another alleged Ponzi scheme targeting the most vulnerable of investors: the elderly. Clifton Stanley of Galveston, Texas is accused of cheating his elderly investors \u2013 those in their eighties and nineties \u2013 out of $3.8 million dollars in two related scams. &#8212; July 4, 2018","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2018\/07\/Texas-Louisiana-Senior-Investors-Targeted-in-3.8-M-Ponzi-Scheme-Costing-Them-Their-Life-Savings.png","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Texas, Louisiana Senior Investors Targeted in $3.8 M Ponzi Scheme Costing Them Their Life Savings","datePublished":"2018-07-04T11:14:23+00:00","dateModified":"2018-07-05T15:15:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/"},"wordCount":524,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2018\/07\/Texas-Louisiana-Senior-Investors-Targeted-in-3.8-M-Ponzi-Scheme-Costing-Them-Their-Life-Savings.png","keywords":["Life Savings","Louisiana Senior Investors","Ponzi Scheme","Texas"],"articleSection":["FINRA Arbitration","Forex Trading"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/","url":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/","name":"Texas, Louisiana Senior Investors Targeted in $3.8 M Ponzi Scheme Costing Them Their Life Savings &#8212; Securities Arbitration Lawyers Blog &#8212; July 4, 2018","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/texas-louisiana-senior-investors-targeted-in-3-8-m-ponzi-scheme-costing-them-their-life-savings\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2018\/07\/Texas-Louisiana-Senior-Investors-Targeted-in-3.8-M-Ponzi-Scheme-Costing-Them-Their-Life-Savings.png","datePublished":"2018-07-04T11:14:23+00:00","dateModified":"2018-07-05T15:15:55+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Retirement planning firm owner allegedly paid for lavish living expenses and more with elderly investors\u2019 money It has happened again. 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