"There are hundreds of fraudulent investments that crash and burn every year injuring investors from all walks of life. These schemes result from a trade or business and those seeking profitable investments. The losses, as a general rule in the schemes, are deductible since these investors were seeking profits. This is a business loss and such a loss may be recovered in the form of tax refunds. Welcome to the world of Bernie Madoff. Explore a world where you can be a millionaire one day and broke the next. In this course you will identify the techniques available for defrauded investors to recover funds in the form of taxes they will not have to pay for a financial theft loss. You will also discover the legal methods of maximizing the tax refund offered from both the United States and taxes paid to almost all of the separate states, and will be able to recognize the difference between Ponzi Schemes and other types of thefts.