Victims of the Michael Goldberg Ponzi Scheme are facing clawback actions from the Trustee appointed in that mater. On November 22, 2009, Michael Goldberg was arrested for running a scheme to defraud investors of more than $20 million over a 12 year period. According to court documents, Goldberg ran the fraudulent investment business, Acquisitions Unlimited Group, from his former Wethersfield home. Goldberg told prospective investors that he and his company were liquidating assets held by JP Morgan Chase.
Lax & Neville, LLP currently represents numerous victims of Ponzi Schemes that have been sued in a clawback action. We also represent Ponzi Scheme victims who have been the subject of subpoenas for documents and depositions, which may be the precursor of an adversarial proceeding. If you are a victim of a Ponzi Scheme, or the family member of a victim, and you receive notice of a pending clawback action or you simply have questions regarding clawback actions, you should contact a qualified attorney immediately. If you have concerns or questions regarding this article, please do not hesitate to contact Lax & Neville, LLP for a free consultation.