Baby, I Got Your Money: New Funds Available for OH Scam Victims

No, we can't track down that irresistible Nigerian prince your grandpa sent his pension to 👑😵...but there's hope for scam victims in Ohio! 

If you've been a victim of an investment scam in the Buckeye state, you may be able to get your money back through the Ohio Investment Recovery Fund

 

Here’s Five Fast Facts about this new plan:

  1. 🤡 The Jerk Store Called - The new fund will help victims of a recent Ponzi scheme scam run by Westlake-based financial advisor, Raymond Erker. Erker (rhymes with JERKER) and his cronies were charged with stealing $9.3 million from 54 people.
  2. 💸 Major L - Victims of Jerker's scam include retired Cleveland police officer, Robert Edmonds. Edmonds and his wife lost $250,000.
  3. 🚔 Jailbird Blues - Erker was recently sentenced to 22 years in prison. Don't drop the soap, buddy!
  4. 🥳 Taxpayers Rejoice! - The Ohio Department of Commerce says the fund money is from their own extra revenue and cash reserves. No taxpayer money will be used.
  5. 💰 Gimme The Loot - Victims can recoup up to $25,000 in losses, or 25% - whichever is less. Click here to apply

🔥Bottom line: We're half-kidding about the Nigerian prince all up in your granny's inbox, but scammers are everywhere! They're getting sneakier, so it pays to keep your scam detector in tip top shape. Looking for tips on how you can steer clear of shady situations? We've got you covered in this article. 

Have you ever been the victim of a scam?

Your local and state elected reps control policies and departments like this! If you want a say in how these things go, here are three things you can do to have a BIG impact: