Arthur Adams Prosecuted for involvement in alleged Ponzi Scheme

Goodman & Nekvasil P.A. May Recover Investor Losses | Arthur Adams Prosecuted for involvement in alleged Ponzi Scheme 

Arthur Adams aka Arthur Lamar Adams

The United States Attorney has filed charges against Mississippi resident, Arthur Adams. The charges state that Arthur Adams committed securities fraud by operating a Ponzi scheme beginning as early as 2011 and continuing through April 2018, through his wholly-owned company, Madison Timber Properties, LLC. The criminal charges allege that Arthur Adams fraudulently obtained well in excess of one hundred million dollars ($100,000,000) from more than 250 investors located in at least 14 different states.

The United States Attorney charges that Arthur Adams falsely and fraudulently represented to investors that Madison Timber Properties was in the business of buying timber rights from landowners and then selling the timber rights to lumber mills at a higher price. According to the criminal charges, the object of the scheme was to cause persons to invest in loans that purportedly were for the purpose of financing such contracts for the purchase of timber rights to be sold to lumber mills. In fact, according to the criminal charges, neither Arthur Adams nor Madison Timber Properties had such timber rights or contracts with lumber mills, except in only a few instances.

If you purchased your Madison Timber Properties, LLC investment from a licensed financial advisor, Goodman & Nekvasil, P.A. can help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has filed hundreds of cases against brokerage firms selling high-risk or fraudulent investments such as Madison Timber Properties, LLC and has recovered more than $180 million dollars on behalf of victimized investors. All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years. 

There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf. Finally, the filing of such a case should not affect your ownership of your Madison Timber Properties, LLC investment and your rights in connection with the SEC action and the criminal action against Arthur Lamar Adams.

If you incurred losses on your investment in Madison Timber Properties and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us. 


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