Florida Investment Fraud Lawyer

Florida Investment Fraud Attorney

Choosing to put your financial trust in someone is a big deal. When you put your faith in a broker or a financial advisor, you are trusting them to treat your investment with respect and not to besmirch your financial security. Unfortunately, investment fraud happens all the time, and sometimes, the people you may trust with your money can turn on you and make things very difficult. If it happens to you, you should reach out to a Florida investment fraud lawyer soon.

Finding out your investment is either gone or improperly invested can be a terrifying realization to have. If you don’t act quickly, you may lose that money forever. There are many steps you should take to make sure you are as protected as you can be. Additionally, you should hold the fraudulent broker accountable for what they’ve put you through. The legal team at Rosenberger + Kawabata can help you figure out what to do next.

What Exactly Is Investment Fraud?

Investment fraud can take many different forms, but ultimately, they all have the same result. Someone has tricked you into making an investment with the wrong person, and they have taken your money. Investment fraud happens when a registered financial advisor, which can include an individual broker or even an entire brokerage firm in some extreme cases, engages in blatant misconduct and/or fraudulent activity with an investor’s money. Criminal charges often follow.

A broker’s financial misconduct with an investor’s money tends to lead not only to the loss of the initial investment through shady dealings but also to legal action. You may want to consider enlisting the help of an investment loss attorney who can help you try to recoup your losses and hold the right people accountable for everything that’s happened.

Recognizing Warning Signs of Investment Fraud

You may not instantly realize your broker is trying to scam you out of a significant investment. It might take some time for you to realize you’ve been taken for a ride. Fortunately, there are many potential warning signs of investment fraud that you can look for if you start to think someone is trying to take advantage of you. Recognizing some of these signs might be the difference between suffering from fraud and avoiding a disaster. Here are some of those warning signs:

• Inside Tips: One of the most common tricks that fraudulent brokers and scammers will try to use to lure in potential clients is the promise of inside information. They may claim that they have access to a hot tip that no one else knows about, and they are sharing that tip with you out of the kindness of their heart. You should never invest your money based on a promise that has no evidence to back it up.
• Evasive Answers: Generally, fraudulent brokers who are looking to lure you into an investment scam don’t have any real answers to your financial questions. If you ask something they aren’t prepared to answer, they will likely be evasive and try to answer your question with more questions. You shouldn’t trust a broker who can’t answer simple questions about your investment.
• High Pressure: One of the most glaring red flags of investment fraud is an attempt at urgency that doesn’t make sense. Your broker may try to pressure you into making an investment quickly because you could double your money, but only if you invest quickly. Scammers never want to give people a chance to stop and think about what they’re about to do. They count on high-pressure situations.

FAQs About Investment Fraud Law in Florida

Do I Need a Lawyer for an Investment Fraud Case?

While you technically don’t need to hire a lawyer for your case, it is highly recommended that you do. Investment fraud cases can get complicated, especially if you don’t have much knowledge of the financial world. Having someone in your corner who does can really make all the difference, especially if you are trying to recover your investment. You should hire a lawyer in Florida any time you are going through some sort of legal strife.

Can I Recover My Investment With Legal Action?

Yes, you may be able to recover your initial investment if you take legal action against the fraudulent broker who wrongfully invested your money. However, recovering that money can be a lengthy and time-consuming process. If you successfully argue your case, part of your settlement package will likely include the original investment as well as additional damages for everything you’ve been through as a result of the investment fraud.

How Long Will My Investment Fraud Case Take?

There is no telling how long your investment fraud case might take. Every investment fraud case is different, with every case having its own details and factors that make it a unique situation. Ultimately, your case will take as long as it needs to be fully finalized, and that can vary depending on the complexity of your case.

What Type of Crime Is Investment Fraud?

Investment fraud is a form of financial crime that occurs when a broker deceives an investor to manipulate their investment for their own gain. Investment fraud is largely considered a white collar crime, which is a form of nonviolent offense that’s done with the sole intention of financial gain. Generally, no one is physically hurt in a white collar crime.

Reach Out to an Investment Fraud Lawyer Today

There’s nothing unreasonable about expecting your broker or brokerage firm to treat your investment with respect. The last thing you want is to be taken advantage of financially and have to struggle to recoup your investment after being involved in some sort of fraud. It’s understandable to want peace of mind and justice.

The legal team at Rosenberger + Kawabata understands the most effective ways to help you get your money back and hold the right people accountable for what’s happened. Contact us to speak to someone on our team about what we can do to help.