Bennie Pendley cheated and defrauded hundreds of investors throughout North and South Carolina. Most of Pendley's victims are from the Statesville, North Carolina area, where Pendley had an office. Pendley told customers "I'm the wife of a preacher and the daughter of a preacher. If you can't trust me, who can you trust?" Pendley abused her customers' trust. She was paid huge sales commissions for selling them fraudulent "business opportunities, such as "ETS" and "Select" payphones, and "Waterstones" internet kiosks. Pendley promised her customers, many of whom were senior citizens, that an investment in these programs was guaranteed to be safe and to produce a high rate of return. Pendley's claims were very appealing to her customers, many of whom were senior citizens. Now many of them have lost their life savings and are scrambling to make ends meet. Read more. A group of Pendley victims has banded together to recover the money they lost. They have hired the The Chapman law firm to go after Pendley's brokerage firm, claiming it failed in its duty to detect Pendley's fraudulent and illegal sales of investments. In November, 2006, The Chapman law firm helped a group of residents of North and South Carolina win an award of more than one million dollars to compensate them for money they lost under similar circumstances. Read more.
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