Boston

History of Ponzi Schemes: Boston

Largely known as a “college town,” Boston is one of the largest and most influential economies in the world. Unfortunately, large economies, like Boston, can attract fraudsters, seeking to line their pockets with the hard-earned money of others. Historically one of the first known Ponzi schemer and money swindler in the 1920s, Charles Ponzi is closely associated with the city of Boston. It has been reported that Federal prosecutors have recently charged two Massachusetts residents for allegedly running a $15 million scam preying on about 1,400 Spanish and Portuguese speaking investors worldwide. The widely reported case of the infamous West Roxbury family and Steven Palladino who allegedly drained $10million from 42 victims to finance their lavish lifestyle continues to make headlines today.

Thousands of people across various demographic communities, geographies, and income levels are at risk of falling prey to one of these fraudulent financial schemes. The team of Securities Fraud lawyers at Malecki Law have been representing clients nationally and internationally, who are victims of securities fraud, since 1999. Based in New York City, the lawyers of Malecki Law are consummate and trust-worthy professionals, working hard to protect their clients’ interests.

Malecki Law is “AV Preeminent Rated” by Martindale Hubbell, indicating “very high to preeminent legal ability and very high ethical standards as established by confidential opinions from members of the bar.” Jenice Malecki, whose career has been the subject of several legal articles, her cases are continually cited in numerous industry publications, including The Wall Street Journal, The New York Times, Forbes and Newsweek. Ms. Malecki, a well-known Securities Attorney, firmly advocates for positive change in securities law and regulations through a variety of industry associations, and as a NY whistleblower lawyer. Her insights, formally filed comments and opinions on current issues and changes in securities law have been used by the Securities and Exchange Commission and FINRA, as well as sought by both television and print media.

Malecki Law has handled a wide variety of securities cases, including

  • Securities fraud, Defective Securities Products and Unsuitability claims
  • Commercial Litigation and Appeals
  • Arbitration and mediations
  • Audits and investigations
  • Whistleblower representation and claims
  • Business and Employment Contract Negotiations and Reporting Issues
  • Governmental, Regulatory, and Self-Regulatory Proceedings
  • Securities and Exchange Commission (SEC), Financial Regulatory Authority (FINRA), state securities division and other agency, regulatory and self-regulatory complaints.
  • Real Estate Investments

To schedule a free initial consultation with Malecki Law, please call 212-943-1233, or email jenice@maleckilaw.com

Attorney Advertisement. Prior results do not guarantee a similar outcome.

Client Reviews
Jenice and her staff are all excellent - highly responsive, answer as many questions as you have in a way that you can understand, are very patient, sympathetic to your situation, and make you feel comfortable during a difficult and stressful time. I never once had to follow up - they always came to me to keep me updated by phone and mail. I highly recommend them.
★★★★★
I worked with Jenice and her team to successfully resolve a brokerage / securities related issue for an elder relative and was quite pleased with how they walked us through the process and took into account the challenges that age sometimes unfortunately present. They were all professional - and effective. I would use them again without question if the need arose. Bart
★★★★★
Jenice is truly a rock star! My wife and I contacted her to help with a quick-turn-around closing on our apartment. Fast, friendly, and fabulously informed about the process and what we'd need to stay on track to close on time, Jenice never skipped a beat. She's a dedicated attorney that goes above and beyond for her clients. Honestly, what more could you ask for? Jerry Dugan
★★★★★
Ms. Malecki defended a commercial litigation case for my client, and did a very professional job. Her motion practice was direct and she was honest with the client regarding the merits of the various issues involved. She was professionally courteous but also held her ground with opposing counsel as required. Her billing estimates were accurate as well, which was greatly appreciated in order to make appropriate business decisions. Commercial Real Estate client
★★★★★