haverford group

Investigation into Philadelphia-Area Stockbroker Ponzi Scheme

Investigation into Philadelphia-Area Stockbroker Ponzi Scheme

Green, Schafle & Gibbs has launched an investigation into the alleged Ponzi Scheme operated by Philadelphia-area stockbroker Paul W. Smith. Based in Wayne, PA, Smith operated a long-running Ponzi Scheme using purported investments in The Haverford Group, which costs a group of mostly retired and elderly investors approximately $2.35 million, according to the SEC.