Home / Meyerson Firm News / Meyerson Cagle, P.C. Seizes Ponzi scheme Defendant’s House after Defendant fails to pay judgment

Meyerson Cagle, P.C. Seizes Ponzi scheme Defendant’s House after Defendant fails to pay judgment

On November 12, 2009, attorneys from Meyerson Cagle, acting on an order from a District Court Judge and in conjunction with the Travis County Constable’s office, seized a million dollar private residence belonging to Marcus Saenz, an admitted Ponzi scheme operator. The custom built home included a large pool with a sunken bar as well as horse stables. Travis County District Court Judge Jeff Rose later allowed Mr. Saenz access to the house for school books and care for the horses. Meyerson Cagle represented one of many victims of Saenz’s Ponzi scheme.