No Charge Unless We Win: 855-913-1134
California law prohibits high-yield investment program (HYIP) fraud, making it illegal to use false or misleading information to promote schemes promising unrealistically high returns, which can manipulate investor decisions and result in financial harm.
California has established consumer protections against high-yield investment program (HYIP) scams, which are typically Ponzi schemes promising unrealistic high returns in short periods.
The California Department of Financial Protection and Innovation (DFPI) advises caution and diligence. HYIPs often involve cryptocurrency and depend on new investors to pay earlier ones, inevitably collapsing.
The DFPI issues desist and refrain orders against entities violating securities laws, emphasizing enforcement actions, educational initiatives, and the use of social media to combat these scams. Californians are urged to verify the licensing of investment or financial service providers and report suspected violations or improper actions to the DFPI.
For more details on recognizing and reporting HYIP scams in California, you can visit the DFPI’s guidance on avoiding such scams (DFPI) or contact our high-yield investment program scam lawyers today.
Our Practices are Guided by Integrity. We’ll protect what you deserve.
We work tirelessly and fight tenaciously to hold rights abusers accountable.
If you’ve experienced a distressing incident related to an issue like this, call us for a free case evaluation.
Legal cases can be lengthy, complicated, and confusing, but you don’t have to take on the system all by yourself. If you believe someone has violated your individual rights, or the rights of a large group of people in your community, we can help you find the right course of action.
"*" indicates required fields
We have 8 convenient office locations in California: