{"id":4568,"date":"2008-02-20T17:07:52","date_gmt":"2008-02-20T17:07:52","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2008\/02\/detroit_accounting_firm_named"},"modified":"2008-02-20T17:07:52","modified_gmt":"2008-02-20T17:07:52","slug":"detroit-accounting-firm-named","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/detroit-accounting-firm-named\/","title":{"rendered":"Detroit Accounting Firm Named in Lawsuit Involving Alleged Ponzi Scheme"},"content":{"rendered":"<p>\t\t\t\tThe accounting firm of Doeren Mayhew &amp; Company was named in a lawsuit filed in Oakland County, Michigan, in connection with a highly publicized multi-million dollar alleged ponzi scheme using partnerships, many purported to earn revenues from telephone usage in Las Vegas hotels.  The central figure reported as the mastermind of such investments is Ed May who, along with other individuals and firms, is the subject of several investigations including by the U.S. Securities and Exchange Commission.<\/p>\n<p>The lawsuit was filed on behalf of investors jointly by three law firms:  Sheldon Miller &amp; Associates, a premier Detroit area litigation firm, the Poppe Law Firm, which has extensive experience in accounting malpractice claims, and Shepherd Smith Edwards &amp; Kantas LTD LLP, a securities law firm which handles claims for investors nationwide.  <\/p>\n<p>The suit states allegations regarding Doeren Mayhew, including that the accounting firm was listed as the accounting firm of record for various partnership investments and that the firm and that some of its agents and directors were involved with the ongoing business affairs of the partnerships and\/or engaged into direct and indirect communications with investors which misled them regarding these investments.  <\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/detroit-accounting-firm-named\/\"  title=\"Continue Reading Detroit Accounting Firm Named in Lawsuit Involving Alleged Ponzi Scheme\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The accounting firm of Doeren Mayhew &amp; Company was named in a lawsuit filed in Oakland County, Michigan, in connection with a highly publicized multi-million dollar alleged ponzi scheme using partnerships, many purported to earn revenues from telephone usage in Las Vegas hotels. The central figure reported as the mastermind of such investments is Ed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3866],"tags":[],"class_list":["post-4568","post","type-post","status-publish","format-standard","hentry","category-accounting-firms"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Detroit Accounting Firm Named in Lawsuit Involving Alleged Ponzi Scheme &#8212; Investor Lawyers Blog &#8212; February 20, 2008<\/title>\n<meta name=\"description\" content=\"The accounting firm of Doeren Mayhew &amp; Company was named in a lawsuit filed in Oakland County, Michigan, in connection with a highly publicized &#8212; February 20, 2008\" \/>\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\/detroit-accounting-firm-named\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Detroit Accounting Firm Named in Lawsuit Involving Alleged Ponzi Scheme &#8212; 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