Any seniors, NFL players, or others who believe they may be victims of these investment schemes are encouraged to contact local, state and federal authorities immediately to help bring the perpetrators to justice.

FORT LAUDERDALE, Fla., March 03, 2016 (GLOBE NEWSWIRE) -- The Lerman Law Firm (Cathy Jackson Lerman, PA) today issued a nationwide alert to senior citizens and elders, who are being targeted for Ponzi and investment schemes, and drawn in on the premise that players in the National Football League (NFL) are already investors. These senior victims are approached and enticed by investment fraud promoters to invest through self-directed IRAs, promissory notes, cash or penny stocks. In most cases, the NFL players used to promote the Ponzi schemes are actually victims themselves and have no knowledge that their names are being used to perpetuate fraud on the elderly.

Cathy Lerman, Esq. of the Lerman Law Firm stated today: “Our law firm is working with a wide array of victims, whistleblowers, and state and federal law enforcement to bring the perpetrators of these schemes against the elderly to justice. We are also assisting NFL players who are victims of these fraudulent investment schemes.”

Lerman added: “We encourage any seniors, NFL players, or others who believe they may be victims of these financial exploitation schemes to immediately contact law enforcement.  Victims should also file complaints with the SEC, the attorneys general of their state and their state securities commissions.  This is an ongoing case of affinity fraud being conducted all across the United States, and it must be stopped immediately.”

The Lerman Law Firm is headquartered in Fort Lauderdale, Florida but handles a variety of legal matters across the United States including, but not limited to regulatory issues, elder law, consumer protection, ethics and public corruption.  Ms. Lerman may be reached at or 954-332-1143.