Jordan Maglich featured in “For Ponzi Victims, the Aftermath Is Long”The Wall Street Journal 06/22/19
Below is an excerpt:
Ponzi schemes, named for Italian swindler Charles Ponzi and referring to frauds where investors are paid with other investors’ money rather than business profits—often break down when economic troubles ramp up and investors try to cash out. “That’s when people turn to these investments they thought were safe and guaranteed,” said Jordan Maglich, a Florida lawyer at Quarles & Brady LLP who has tracked schemes that have collapsed since 2008. He recorded the lowest number last year.