In its Complaints against We The People, Inc. of the United States, Richard Olive, and Susan Olive, the Securities and Exchange Commission accused them of defrauding investors through an unlawful offering of charitable gift annuities:
Attorneys Alan Rosca and Joe Peiffer have been investigating the We The People, Inc. alleged fraud and are preparing to take action and seek compensation on behalf of investors who purchased the We The People Charitable Gift Annuities (“CGA”). Their investigation is focused on those promoters who sold the we the People annuities to investors.
We The People, Inc. of the United States has been shut down. A Receiver has been appointed by the Court to oversee the liquidation of any remaining assets and distribution of any collected funds to creditors.
“In Ponzi scheme cases, recovery through receivership or bankruptcy is usually small,” said security attorney Alan Rosca. ”Our efforts in cases of this type seek to supplement whatever recovery becomes available for investors through the receivership or bankruptcy. In this case, we intend to seek compensation, on behalf of We The People investors, from those financial industry members that employed investment professionals who sold the unregistered CGA investments to their customers in violation of their duties,” said attorney Rosca.
Investors in We the People’s CGA program are encouraged to call attorneys Alan Rosca or Joe Peiffer, toll free at 888-998-0520, for a free evaluation of their case.
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
SEC Complaint against We the People, Inc., Richard Olive