{"id":30577,"date":"2024-12-29T22:40:46","date_gmt":"2024-12-30T04:40:46","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=30577"},"modified":"2024-12-29T22:40:46","modified_gmt":"2024-12-30T04:40:46","slug":"ponzi-scheme-attorneys","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ponzi-scheme-attorneys\/","title":{"rendered":"Ponzi Scheme Attorneys"},"content":{"rendered":"<p><strong>Ex-LPL Broker John Matson Accused of Operating Ponzi Scam.\u00a0<\/strong><strong>Our Ponzi Scheme Attorneys Are Investigating Investor Losses<\/strong><\/p>\n<p>If you are someone who sustained losses while working with former\u00a0<a href=\"https:\/\/www.investorlawyers.com\/lpl-financial.html\">LPL Financial broker John Nicholas Matson<\/a>, also the principal of South Bay Acquisitions, Shepherd Smith Edwards and Kantas (<a href=\"https:\/\/www.investorlawyers.com\/\">investorlawyers.com<\/a>) want to talk to you. Matson, who was barred by the Financial Industry Regulatory Authority (<a href=\"https:\/\/www.finra.org\/\" target=\"_blank\" rel=\"noopener\">FINRA<\/a>) in 2022 following allegations of promissory note fraud involving an elderly customer, was fired by the broker-dealer that same year. Now, the US Securities and Exchange Commission (<a href=\"https:\/\/www.sec.gov\/\" target=\"_blank\" rel=\"noopener\">SEC<\/a>) has filed charges accusing him of defrauding investors, including ex-brokerage customers, in an\u00a0<a href=\"https:\/\/www.investorlawyers.com\/what-is-a-ponzi-scam.html\">alleged Ponzi scam<\/a>.<\/p>\n<p>The <a href=\"https:\/\/www.sec.gov\/\" target=\"_blank\" rel=\"noopener\">SEC<\/a> contends that between January 2012 and September 2021, Matson and his company made unregistered offerings of securities, raising more than $1.5M in the process. Through these \u201cLLC Bonds\u201d from South Bay, investors\u2019 money was then allegedly used for Matson\u2019s personal use.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/ponzi-scheme-attorneys\/\"  title=\"Continue Reading Ponzi Scheme Attorneys\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ex-LPL Broker John Matson Accused of Operating Ponzi Scam.\u00a0Our Ponzi Scheme Attorneys Are Investigating Investor Losses If you are someone who sustained losses while working with former\u00a0LPL Financial broker John Nicholas Matson, also the principal of South Bay Acquisitions, Shepherd Smith Edwards and Kantas (investorlawyers.com) want to talk to you. Matson, who was barred by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":30578,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4055,3792],"tags":[5197],"class_list":["post-30577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-featured-investigation","category-ponzi-scams","tag-ponzi-scheme-attorneys"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ponzi Scheme Attorneys<\/title>\n<meta name=\"description\" content=\"Ex-LPL Broker John Matson Accused of Operating Ponzi Scam.\u00a0Our Ponzi Scheme Attorneys Are Investigating Investor Losses\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/ponzi-scheme-attorneys\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ponzi Scheme Attorneys\" \/>\n<meta name=\"twitter:description\" content=\"Ex-LPL Broker John Matson Accused of Operating Ponzi Scam.\u00a0Our Ponzi Scheme Attorneys Are Investigating Investor Losses\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2024\/12\/Ponzi-Scheme-Attorneys.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ponzi Scheme Attorneys","description":"Ex-LPL Broker John Matson Accused of Operating Ponzi Scam.\u00a0Our Ponzi Scheme Attorneys Are Investigating Investor Losses","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/ponzi-scheme-attorneys\/","twitter_card":"summary_large_image","twitter_title":"Ponzi Scheme Attorneys","twitter_description":"Ex-LPL Broker John Matson Accused of Operating Ponzi Scam.\u00a0Our Ponzi Scheme Attorneys Are Investigating Investor Losses","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2024\/12\/Ponzi-Scheme-Attorneys.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; 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