PHILADELPHIA, PA / ACCESS Newswire / May 23, 2025 / Investors in E Card Merchant, LLC and E Card Lending, LLC (collectively "E Card") may have options to seek compensation for their investments, according to investor rights lawyers at Rosca Scarlato LLC, a prominent nationwide law firm that prosecutes disputes arising out of securities law violations, investment fraud, and/or Ponzi schemes. The firm has launched an investigation into circumstances related to the E Card alleged fraudulent scheme following the filing of federal charges against Pablo Silverio Rebollido, the owner and operator of E Card, on March 26, 2025, by the United States Attorney’s Office for the Southern District of Florida.
E Card’s Owner Charged with Wire Fraud and Operating a Ponzi Scheme
Pablo Silverio Rebollido is accused by federal prosecutors of operating a multi-year Ponzi scheme that raised approximately $50 million from over 70 investors between August 2019 and February 2024.
According to the court documents, Rebollido allegedly misrepresented E Card as a thriving merchant cash advance business, promising investors returns from profits on high interest loans to E Card clients. Prosecutors allege that unbeknownst to investors, E Card did not make loans or generate profits, and instead, Rebollido used new investor funds to pay earlier investors while diverting millions of dollars for personal use. The government further alleges that Rebollido made false statements about E Card’s operations and concealed material facts and, upon conviction, is seeking forfeiture of approximately $35.8 million in assets allegedly tied to the scheme, two properties in Marathon, Florida, a yacht, and funds from Rebollido’s bank and brokerage accounts.
Free Case Evaluation for E Card Investors
Investor rights attorneys Alan Rosca and Paul Scarlato have obtained and reviewed a substantial volume of records and other evidence related to this matter. They are evaluating potential compensation claims for affected investors. E Card investors interested in exploring their legal options or assisting with the investigation, as well as individuals with knowledge of E Card’s operations, are encouraged to contact attorneys Alan Rosca or Paul Scarlato. They have decades of combined experience representing investors in cases involving Ponzi schemes, fraud and other financial misconduct.
The Rosca Scarlato investor rights attorneys typically work on a contingency fee basis. All case expenses are advanced by the law firm, and the firm only gets paid for its fees and expenses if and when there is a recovery, wherever permitted. All evaluations are free.
For more information about the Rosca Scarlato attorneys’ background and admissions to practice law or to schedule a free consultation, E Card investors may visit https://investorlawyers.org or contact the firm at 888-998-0530. Inquiries can also be sent via email to arosca@rscounsel.law or pscarlato@rscounsel.law or submitted via the contact form on E Card Investor Alert page.
This release may be deemed to include Attorney Advertising. There has not been an adjudication on the merits of any allegations referenced in this press release, as of the date of the posting.
SOURCE: Rosca Scarlato LLC
View the original press release on ACCESS Newswire
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