IN REVERSAL OF MISSION...
CRIMINAL DEFENSE ATTORNEY GUY FRONSTIN FORMS
DIVERSIFIED AND INTEGRATED NATIONAL "DREAM TEAM"
TO AID MADOFF VICTIMS
West Palm Beach, FL (December 30, 2008) - Within hours of Bernard Madoff's arrest, Florida-based attorney Guy Fronstin, Esq., of the Law Offices of Guy Fronstin, P.A., received more than a dozen calls from friends and family who were heavily invested with Madoff and severely victimized by his Ponzi scheme. When investors told Mr. Fronstin they were “overwhelmed, depressed, not thinking clearly, and had no idea who to turn to for legal guidance in response to the effect of the Madoff fraud,” it quickly became clear to Fronstin that investors needed assistance at many levels from emotional support to expert legal, tax, and insurance counsel.
Recognizing that one person or counselor could not provide the competent specialized advice and counsel for all the areas needed, Fronstin determined that a diversified and integrated team approach was required to effectively respond to the Madoff crisis. After thoroughly studying the situation, Fronstin established a ‘dream team' of experts from around the country to assure that investors are not victimized further and seek possible ways in which to recoup some of their financial losses.”
Michelle Ball, a Madoff investor from New York, referred to Mr. Fronstin as a “quarterback” who “does not charge for his role of coordinating all the parties and orchestrating a highly sophisticated and unprecedented strategy and response to this Ponzi Scheme. “
“While a specific strategy will not be implemented until more information about the crime is revealed, investors have found tremendous immediate relief knowing they are receiving accurate information, literally as the investigation unfolds, and that they have a team of experts pursuing every angle to assure they will receive the greatest possible recovery,” noted Fronstin.
Fronstin added that “upon his establishment of the ‘dream team' approach, investors have felt much better since they no longer had to spend every hour stressing over how to handle this situation, much less trying to figure out where to even start their recovery mission.”
Some of the areas Mr. Fronstin and his Dream Team addresses are:
1. Legal tax advice by accounting experts to advise on amending tax returns and filing future year tax returns.
2. Applications for assuring the greatest return on SIPC claims.
3. Protection against claw-back lawsuits and redemption lawsuits.
4. Insurance counsel and review by industry expert of investor’s insurance policies to determine if any coverage that exists, such as with homeowner’s insurance, as well as ways in which to recoup portfolio losses through other forms of insurance.
5. Support of legislative allies at Federal and State levels to assist in legislation and IRS policies helpful to Madoff victims.
6. Knowledge and support of counsel from where the investor resides to address interests specific to the investor's home state as well as NY counsel familiar with New York state laws where Madoff's business is located and the investigation is underway.
7. Accurate and timely information provided to the investors by individuals close to the investigation.
8. Counsel of bankruptcy experts to monitor the Madoff bankruptcy proceedings.
9. Support of psychiatrists and psychologists to address the emotional trauma investors are experiencing.
10. Expertise of philanthropy counsel provided to handle the substantial charitable commitments investors previously made, but can no longer fulfill.
11. Counsel by plaintiff’s attorneys to evaluate investors’ individual situations, determine what claims each investor has, and then proceed with lawsuit(s) filings.
12. Counsel and strategy provided by criminal prosecution representation to assure Madoff is prosecuted to the fullest extent of the law in every possible jurisdiction and that restitution is required as part of any sentence.
Fronstin promises “the team will be extremely pro-active and aggressive in recovering as much as possible for investors.”
The Law Offices of Guy Fronstin, P.A. is headquartered at 515 North Flagler Drive, Suite 203, West Palm Beach, Florida 33401.
For more information on Frontin’s Dream Team initiative, Madoff investors can call (561) 447-4011, visit www.fronstinlaw.com, or email dreamteam@fronstinlaw.com.
About Guy Fronstin, P.A.
Guy Fronstin, Esq., is a former securities industry attorney for the NASD (now FINRA) and a former Florida criminal prosecutor at the Office of State Attorney, 15th Judicial Circuit, who now is in private practice as a criminal defense attorney handling all criminal matters, including Ponzi schemes. In addition to representing his own client base defending cases ranging from Federal Fraud, Counterfeiting and Insurance crimes to State cases such as DUI Manslaughter/DUI, Domestic Violence, Drug Trafficking and Murder, he also represents victims who retain Fronstin to assure that the perpetrator is arrested and duly prosecuted. Fronstin has co-counseled numerous high visibility cases with prominent criminal defense attorney Roy Black, as well as Alan Dershowitz, and Ken Starr, among others. Most recently he successfully defended NFL player David Boston and self-made Wall Street billionaire Jeff Epstein. Currently, he is counsel to Dr. Stewart Gorenberg whose wife, Randi, was murdered after shopping at Town Center at Boca Raton.
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