Ponzi Victims Coalition

Welcome

Welcome to the Ponzi Victims Coalition website.

This is a site dedicated to the presentation of information about fraudulent "Ponzi" investment schemes, including those foisted on the investing public recently by Tom Petters and Bernard Madoff. The founders of the Ponzi Victims Coalition are dedicated to pursuing legislative and litigative actions to mitigate the devastating effects these schemes have had upon fundholders, pensioneers, stockholders, and all investors -- direct and indirect -- in these tainted investment instruments.

As a quick guide to this site, visit the Pages and Political Action tabs to find documents and other resources that you can use to become politically active, as well as contact information for your local U.S. Senators and Representatives, Congressional Committee members, and Executive Branch officials. Feel free to start a new discussion about your personal experiences or viewpoints on the Ponzi schemes in the Discussions tab. Or click on one of the Petters/Madoff news links at the bottom of this Home page to keep abreast of the latest news in these scandals.

And always remember to look at the Latest Activity section just below to see the new postings and information since your last visit.

Enter, and participate actively in this process!

Site Update

Now that Bernard Madoff has a new home and new attire, justice has been served and that's the final chapter of the story, right? Wrong! The tens of thousands of investors who were bilked by Madoff, Petters, Stanford, and others are still as impoverished -- in some cases penniless -- as ever. There still exists no legal recourse for indirect victims, and there can be no true recompense until there is.

Please continue to visit us here and help us to take action as we pursue our efforts for justice and restitution to be served -- fairly and equitably to all.

Latest Activity

Laser Haas is now a member of Ponzi Victims Coalition
Mar 15, 2012
George Grabek replied to TT's discussion Trenholm Healy, William Wise's Good Friend? Two of Cornwall's Favourite Sons ...Off To Sunnier Climes?
"Turn your self around Wise before it is to late... God forgives....Pay back those you stole from...do the right thing.."
Mar 7, 2012
George Grabek replied to TT's discussion Trenholm Healy, William Wise's Good Friend? Two of Cornwall's Favourite Sons ...Off To Sunnier Climes?
"Yes, ans I have invested a large sum of $$$$ I do hope the FBI and the DOJ get him asap before he disappears.. He is now 62 yrs. old ...Lets not waste any more time and put him to where he deserves to be...I would enjoy seeing him live the lifestyle…"
Mar 7, 2012
Kevin Allen Ake, CPA replied to Kevin Allen Ake, CPA's discussion Algrid Norkus - Sentencing
"Rescheduled until August 25, 2011 2:30pm"
Jul 19, 2011
Kevin Allen Ake, CPA posted a discussion

Algrid Norkus - Sentencing

New Sentencing Date for Algird Norkus: July 15The original sentencing date of June 23 for ponzi schemer Algird Norkus has been canceled. The new sentencing date is July 15, 2011 at 02:30 PM at Courtroom 220, at the U.S. Courthouse, 211 South Court St., Rockford, IL 61101 before Judge Frederick Kapala. I will be there with many of our clients/victims. While the Judge is free to impose a…See More
Jun 27, 2011
Profile IconHoward Rosenfield and Richard Lienesch joined Ponzi Victims Coalition
Mar 19, 2011
Janet Bland is now a member of Ponzi Victims Coalition
Mar 4, 2011
Clancy Ellebracht is now a member of Ponzi Victims Coalition
Mar 2, 2011

Forum

Algrid Norkus - Sentencing 1 Reply

Started by Kevin Allen Ake, CPA. Last reply by Kevin Allen Ake, CPA Jul 19, 2011.

IRA Loss Treatment - Help Requested

Started by Edward Hill Mar 1, 2011.

Clawback - help required urgently please 3 Replies

Started by Wendy Lawrence. Last reply by Kevin Allen Ake, CPA Feb 7, 2011.

Rev Proc 2009-52

Started by Kevin Allen Ake, CPA Jan 10, 2011.

Bernard Madoff links from the news

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Tom Petters links from the news

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