{"id":4693,"date":"2008-12-17T11:34:22","date_gmt":"2008-12-17T11:34:22","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2008\/12\/madoff_investors_who_were_vict_1"},"modified":"2022-03-30T10:05:23","modified_gmt":"2022-03-30T15:05:23","slug":"madoff-investors-who-were-vict-1","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/madoff-investors-who-were-vict-1\/","title":{"rendered":"Madoff Investors Who Were Victims of \u201cPonzi\u201d Scam Contact Securities Fraud Law Firm Shepherd Smith Edwards &#038; Kantas LTD LLP to Explore Recovery Options"},"content":{"rendered":"<p>\t\t\t\tWall Street Icon Bernard Madoff&#8217;s $50 billion &#8220;Ponzi&#8221; scam may very well have bilked hundreds, even thousands, of investors of their money. Now, many of Madoff&#8217;s victims are contacting the <a href=\"https:\/\/www.investorlawyers.com\/\">securities fraud law firm of Shepherd Smith Edwards &amp; Kantas LTD LLP<\/a> to find out how they can recover their investments.<\/p>\n<p>According to SSEK Founder and Stockbroker Fraud Attorney William Shepherd, &#8220;a number of recovery options&#8221; exist, including pursuit of:<\/p>\n<p>\u2022\tSecurities Industry Protection Corp: SIPC has a $500,000 maximum guarantee limit per account. Its reserves are also limited and it needs government infusion to be able to cover losses in the billions of dollars. To be able to recover claims, legal action against SIPC is usually necessary. On Monday, a judge ruled that investors who were Madoff&#8217;s direct clients are covered under SIPC.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/madoff-investors-who-were-vict-1\/\"  title=\"Continue Reading Madoff Investors Who Were Victims of \u201cPonzi\u201d Scam Contact Securities Fraud Law Firm Shepherd Smith Edwards &#038; Kantas LTD LLP to Explore Recovery Options\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street Icon Bernard Madoff&#8217;s $50 billion &#8220;Ponzi&#8221; scam may very well have bilked hundreds, even thousands, of investors of their money. Now, many of Madoff&#8217;s victims are contacting the securities fraud law firm of Shepherd Smith Edwards &amp; Kantas LTD LLP to find out how they can recover their investments. According to SSEK Founder [&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":[3773,3774,3886,3741],"tags":[],"class_list":["post-4693","post","type-post","status-publish","format-standard","hentry","category-broker-fraud","category-broker-dealers","category-madoff-ponzi-scheme","category-securities-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Madoff Investors Who Were Victims of \u201cPonzi\u201d Scam Contact Securities Fraud Law Firm Shepherd Smith Edwards &amp; Kantas LTD LLP to Explore Recovery Options &#8212; Investor Lawyers Blog &#8212; December 17, 2008<\/title>\n<meta name=\"description\" content=\"Wall Street Icon Bernard Madoff&#039;s $50 billion &quot;Ponzi&quot; scam may very well have bilked hundreds, even thousands, of investors of their money. Now, many of &#8212; December 17, 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\/madoff-investors-who-were-vict-1\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Madoff Investors Who Were Victims of \u201cPonzi\u201d Scam Contact Securities Fraud Law Firm Shepherd Smith Edwards &amp; Kantas LTD LLP to Explore Recovery Options &#8212; Investor Lawyers Blog &#8212; December 17, 2008\" \/>\n<meta name=\"twitter:description\" content=\"Wall Street Icon Bernard Madoff&#039;s $50 billion &quot;Ponzi&quot; scam may very well have bilked hundreds, even thousands, of investors of their money. Now, many of &#8212; December 17, 2008\" \/>\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=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Madoff Investors Who Were Victims of \u201cPonzi\u201d Scam Contact Securities Fraud Law Firm Shepherd Smith Edwards & Kantas LTD LLP to Explore Recovery Options &#8212; Investor Lawyers Blog &#8212; December 17, 2008","description":"Wall Street Icon Bernard Madoff's $50 billion \"Ponzi\" scam may very well have bilked hundreds, even thousands, of investors of their money. Now, many of &#8212; December 17, 2008","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\/madoff-investors-who-were-vict-1\/","twitter_card":"summary_large_image","twitter_title":"Madoff Investors Who Were Victims of \u201cPonzi\u201d Scam Contact Securities Fraud Law Firm Shepherd Smith Edwards & Kantas LTD LLP to Explore Recovery Options &#8212; Investor Lawyers Blog &#8212; December 17, 2008","twitter_description":"Wall Street Icon Bernard Madoff's $50 billion \"Ponzi\" scam may very well have bilked hundreds, even thousands, of investors of their money. Now, many of &#8212; December 17, 2008","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/madoff-investors-who-were-vict-1\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/madoff-investors-who-were-vict-1\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Madoff Investors Who Were Victims of \u201cPonzi\u201d Scam Contact Securities Fraud Law Firm Shepherd Smith Edwards &#038; Kantas LTD LLP to Explore Recovery Options","datePublished":"2008-12-17T11:34:22+00:00","dateModified":"2022-03-30T15:05:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/madoff-investors-who-were-vict-1\/"},"wordCount":357,"articleSection":["Broker Fraud","Broker-Dealers","Madoff Ponzi Scheme","Securities Fraud"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/madoff-investors-who-were-vict-1\/","url":"https:\/\/www.investorlawyers.com\/blog\/madoff-investors-who-were-vict-1\/","name":"Madoff Investors Who Were Victims of \u201cPonzi\u201d Scam Contact Securities Fraud Law Firm Shepherd Smith Edwards & Kantas LTD LLP to Explore Recovery Options &#8212; Investor Lawyers Blog &#8212; December 17, 2008","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2008-12-17T11:34:22+00:00","dateModified":"2022-03-30T15:05:23+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Wall Street Icon Bernard Madoff's $50 billion \"Ponzi\" scam may very well have bilked hundreds, even thousands, of investors of their money. 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