{"id":6617,"date":"2018-09-07T11:59:03","date_gmt":"2018-09-07T15:59:03","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=6617"},"modified":"2018-09-07T11:59:03","modified_gmt":"2018-09-07T15:59:03","slug":"scott-silver-quoted-in-investment-news-article-on-woodbridge-sec-charges","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/scott-silver-quoted-in-investment-news-article-on-woodbridge-sec-charges\/","title":{"rendered":"Scott Silver Quoted In Investment News Article On Woodbridge SEC Charges"},"content":{"rendered":"<p>Silver Law Group Managing Partner Scott Silver was again <a href=\"http:\/\/www.investmentnews.com\/article\/20180820\/FREE\/180829993\/sec-charges-five-unlicensed-salespeople-in-woodbridge-ponzi\" target=\"_blank\">quoted<\/a> in Investment News regarding the new charges by the SEC against the alleged real estate investment company Woodbridge.<\/p>\n<p><em>&#8220;I think these types of investments are a massive problem, and it&#8217;s bigger than people give credence to,&#8221;<\/em> Mr. Silver said. <em>&#8220;Look at the ads in the back of the newspaper, or go to retirement conferences in South Florida. Companies there are pitching investments untethered to the stock market that are not securities.\u201d<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-4478\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Ponzi-Schemes2-300x150.jpg\" alt=\"Ponzi-Schemes2-300x150\" width=\"300\" height=\"150\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Ponzi-Schemes2.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/07\/Ponzi-Schemes2-240x120.jpg 240w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Much like <a href=\"http:\/\/www.investmentnews.com\/article\/20180807\/FREE\/180809943\/unregistered-advisers-linked-to-latest-alleged-south-florida-lending\" target=\"_blank\">the recent bankruptcy of 1<sup>st<\/sup> Global<\/a>, Woodbridge was found to be operating a huge Ponzi scheme worth approximately $1.2 billion (and is also located in Florida.) At the center of this operation are individuals acting as brokers and investment advisors. Many of these unregistered salespeople are former brokers and advisors who have been barred by FINRA after a customer complaint, employment separation or other unresolved administrative issue.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/scott-silver-quoted-in-investment-news-article-on-woodbridge-sec-charges\/\"  title=\"Continue Reading Scott Silver Quoted In Investment News Article On Woodbridge SEC Charges\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Silver Law Group Managing Partner Scott Silver was again quoted in Investment News regarding the new charges by the SEC against the alleged real estate investment company Woodbridge. &#8220;I think these types of investments are a massive problem, and it&#8217;s bigger than people give credence to,&#8221; Mr. Silver said. &#8220;Look at the ads in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[593,583],"tags":[1229,1233,1230,709,1231,1232,1228,933],"class_list":["post-6617","post","type-post","status-publish","format-standard","hentry","category-ponzi-schemes","category-sec-actions","tag-1-global-capital","tag-albert-klager","tag-andrew-costa","tag-barry-kornfeld","tag-fern-kornfeld","tag-lynette-robbins","tag-scott-silver-woodbridge","tag-woodbridge"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Scott Silver Quoted In Investment News Article On Woodbridge SEC Charges &#8212; 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