Ed May and Frank Bluestein Accused of Perpetrating $250 Million Fraud

Edward May and Frank Bluestein, both residents of the metro Detroit area, are under investigation by the FBI for allegedly perpetrating a huge pyramid scheme in Michigan and across the country.

Ed May’s investment fraud may have victimized as many as 1,200 investors, whose lost savings may have totaled as much as $250 million, according to a complaint filed against him by the Securities and Exchange Commission. Frank Bluestein, an investment broker, allegedly assisted him in perpetrating the fraud by selling the unregistered securities to investors.

Chapman & Associates is preparing to take action against the perpetrators of the E-M Management scheme and those who were supposed to watch them, on behalf of aggrieved investors. Chapman & Associates often represents, on a contingency basis, individuals who have lost their savings in fraudulent investment schemes.

If you have lost money in the E-M Management scam, please contact us immediately by email (click here) or at 866-220-3300.

Bryan Behrens Accused of Defrauding Elderly Investors with Pyramid Scheme

Bryan S. Behrens of Omaha, a former investment broker, engaged in securities fraud through his company, National Investments Inc., and collected $6.5 million from about 20 investors, according to a complaint recently filed by the Securities and Exchange Commission.

Behrens allegedly promised his investors, many of them senior citizens, high interest rates that would provide a steady monthly income. The money, however, were not invested in profitable businesses, but were used by Behrens to support his lavish life style, stated the complaint.

Chapman & Associates is investigating Bryan Behrens’ investment fraud and preparing to help aggrieved investors recover their losses. Chapman & Associates often represents, on a contingency fee basis, individuals who have lost savings in fraudulent investment schemes.

If you have lost money in Bryan Behrens' National Investments scam, please contact us immediately by email (click here) or at 866-220-3300.