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James Risher Sentenced to Nearly 20 Years for Ponzi Scheme
Posted by: Robert Rex
January 04, 2012

On December 6, 2011, Judge Steven D. Merryday sentenced serial Ponzi schemer James Risher to 19 years and 7 months in Federal prison for defrauding over 100 central Florida residents out of nearly $20 million dollars. The Court noted that Risher has multiple arrests and prior convictions for securites fraud. Since Risher is 61 years of age he is likely to remain in jail for most of the rest of his life.

 We are representing a large group of victims who are seeking recovery of their lost nest eggs in FINRA arbitration and will soon be proceeding with a court action against other financial institutions who enabled Risher's scheme.

If you have questions about your brokerage account, an investment advisor or any investment scheme, please do not hesitate to call Robert Rex, Esq. at 561 391 1900 or email to rhr@dmrslaw.com. For more information regarding your rights as an investor, visit our main website www.dmrslaw.com .

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