In a repeat of past endeavors, Miami trial attorney William R. Scherer is making headway in another Ponzi-like scheme to have hit South Florida. This marks yet another stride following his successful involvement in recovering a large portion of investor money from Scott Rothstein’s infamous 2009 Ponzi scheme. The latest operation involves an estimated 4000 people who invested over half a billion dollars. With Scherer and other leading attorneys of the region joining hands, they aim to locate the culprits.
Scherer, co-founder and managing partner at Conrad & Scherer, has draw attention to the ‘used-car salesman’ nature of those running this operation. The resolve collectively shared by these attorneys is to reveal the true face of the orchestrators of this massive financial fraud, delivering justice to those involved and ensuring the return of funds to the rightful owners.