Fox News Spotlights One of William Buus' Cases
On September 17, 2009, Fox News aired a report in which William Buus was interviewed. The report involved a securities fraud lawsuit that William filed on behalf of over forty investors against Lisa Mahoney. That lawsuit alleges that Ms. Mahoney operated a Ponzi scheme, defrauding millions of dollars from unsuspecting investors. Here are a few ways you can avoid a Ponzi scheme or other investment scam: (1) If the investment is too good to be true, it is; (2) If the investment offers "guaranteed" high returns in short periods of time, don't believe it; (3) make sure you understand the investment completely before you invest (do not invest in anything you don't understand); (4) make sure you have control over your investment monies at all times; and (5) do not invest with people who are not licensed or certified to be able to make such investments.