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We the People, Inc. of the United States Accused of Fraud

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We the People, Inc. of the United States (“We the People”), a purported charitable organization registered in Massachusetts, based in Tallahassee, Florida, and operating nationwide, has been accused of defrauding investors across the country in a fraudulent investment scheme.

We the People’s promoters, Richard Olive and his wife, Susan Olive, had already been indicted for fraud in connection with an unrelated investment program they allegedly promoted, called National Foundation of America (“NFOA”).

Investigation by securities lawyers Alan Rosca and Joe Peiffer indicates that We the People offered an investment program called “Charitable Gift Annuities” (“CGA“) to the investing public nationwide.

Court records reviewed by attorneys Rosca and Peiffer allege that, through the sale of CGAs, We the People has raised over $75 million from approximately 400 investors in over 30 states.

Attorneys Rosca and Peiffer’s investigation suggests that, in order to promote the allegedly fraudulent “CGA” program to investors nationwide, we the People recruited a network of financial professionals who marketed and sold the unregistered “CGA” securities to their customers.

“The Charitable Gift Annuities sold by We the People appear to be securities, offered to the public in violation of the securities rules and regulations. Securities broker-dealer firms have a duty to review and approve the investment products sold by their financial professionals to the public,” said attorney Alan Rosca.

“Broker-dealer firms have a duty to supervise their registered representatives and make sure that only approved products are offered to public investors. We will continue to hold securities industry members liable when they fail in their duties to protect their customers and allow unlawful investments to be sold to the public,” said attorney Joe Peiffer.

“We the People” investors who lost money invested in the CGI program are encouraged to contact attorneys Alan Rosca or Joe Peiffer for a free evaluation of their case, toll free at (888) 998-0520.

Disclaimer: Our clients will not be responsible for the payment of litigation-related costs if they do not recover, whenever permitted by the applicable jurisdiction's rules. Some jurisdictions mandate that the client always pays the case expenses. This page may be deemed to be attorney advertising. We handle financial fraud cases in most states. However, our firm's lawyers are not admitted to practice law in every state. Attorney Joe Peiffer is licensed to practice law in Louisiana. Attorney Alan Rosca is licensed to practice law in Ohio. In those jurisdictions in which our firm's lawyers are not admitted to practice, we will associate co-counsel from the relevant jurisdiction to assist with the matter, at no additional cost to our clients. In cases where we associate with local co-counsel, we will typically act as primary counsel. Occasionally, it is possible that the co-counsel will take the leading role. Whenever that is the case, we will obtain the client's advance, written permission. Each case is different and prior successes are not indicative of future results. Although our lawyers have experience handling various types of cases, none has be certified as an expert or specialist in any area of the law by any accrediting or licensing authority or by any bar association. Please visit www.wethepeople.com and go to Legal Disclaimer for important disclaimers.

Author deals with a purported charitable organization - We the People, Inc. of the United States, registered in Massachusetts, based in Tallahassee, Florida, and operating nationwide. It is based on investigation by Alan Rosca and Joe Peiffer indicates that we the People offered an investment program called We the people CGA - Charitable Gift Annuities” to the investing public nationwide. For more info please visit - www.wethepeoplefraud.com

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