Jerome “Joe” Bonnett—Misappropriation of Funds, Alleged Ponzi Scheme

Jerome “Joe” Bonnett—Misappropriation of Funds, Alleged Ponzi Scheme

Jerome “Joe” Bonnett Allegedly Misappropriated More than $1.35 Million of Client Funds, Purportedly Engaging in a Ponzi Scheme

Jerome “Joe” Bonnett allegedly misappropriated more than $1.35 million of client funds, according to Nebraska Court Documents currently under review by attorneys Alan Rosca and Joe Peiffer.

Jerome “Joe” Bonnett allegedly allowed losses to his investment clients to have reached $2 million, and a longtime investment adviser in Omaha is unable to account for more than $1 million of his clients’ funds, said Documents report.

The Peiffer Rosca Wolf securities lawyers are currently investigating Jerome “Joe” Bonnett’s alleged participation in five private securities transactions.

Jerome Bonnett Allegedly Told a Widow Who Purportedly Lost $400,000 that he “Diverted (Her) Money to ‘Make it Right’ with Other Clients”

Jerome Bonnett told a widow who is out $400,000 that he “diverted (her) money to ‘make it right’ with other clients”, according to an affidavit filed in court by a Nebraska Department of Insurance investigator being examined by attorneys Joe Peiffer and Alan Rosca.

Nebraska officials report that the allegations go back as far as nine years and have “all the makings of a Ponzi scheme”, a process in which someone takes money from new clients to replace money owed to other clients, according to officials in Nebraska.

Finally, Bonnett, who allegedly took his own life recently, was charged with two felonies: first-degree forgery and a fraudulent insurance charge, according to the aforementioned Documents.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged Ponzi schemes, and are currently investigating Jerome Bonnett’s  alleged $1.35 million Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Jerome Bonnett’s  alleged $1.35 million Ponzi scheme are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.