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[SOS] Johnson County man sentenced to 18 years for running a Ponzi scheme
Start Date: 6/10/2014 All Day
End Date: 6/10/2014
Entry Description

Scam artist stole over $1.5 million from Johnson and Hendricks Counties investors


INDIANAPOLIS (June 9, 2014) – Today, Johnson County Circuit Court Judge Mark Loyd sentenced Rudolf “Rudi” Pameijer of Trafalgar to 18 years and ordered him to pay $1.8 million in restitution for his role in a Ponzi scheme that bilked 24 investors from Johnson and Hendricks counties as well as the State of Colorado out of over $1.5 million. Pameijer, who was a long-time insurance salesman, would portray himself as an expert financial advisor and then use his sham company, Plan America, LLC, to sell fraudulent investment contracts and securities in the form of promissory notes to the unsuspecting victims.


Neither Pameijer nor Plan America were registered to sell securities in the State of Indiana. He scammed his clients by guaranteeing their initial investment and promised high rates of return. In some instances, Pameijer exploited family and friends. He would even persuade some of his clients to terminate existing annuities & liquidate retirement accounts to fund the investment, despite the substantial penalties. 


“This case is a classic example of a Ponzi scheme,” said Secretary Lawson. “Pameijer would prey on the personal relationship and trust that he had established with his victims. He would manipulate the facts about the investment and his credentials.


“Unfortunately, Pameijer could have been stopped in his tracks.  Neither his company nor his products were ever registered with our office.  If only one investor would have called my office or checked our online database, his scheme would have crumbled.  I hope this serves as a reminder to always make sure the investment product and the provider are properly registered with my office.


“I also want to thank Johnson County Prosecutor Brad Cooper for all of his efforts to get justice for these victims. This would not have been possible without his hard work.” 


The investigation of Rudi Pameijer began when one of his investors filed a complaint with the Secretary of State’s office.  This prompted an investigation by the Secretary of State’s Prosecution Assistance Unit, which led to Johnson County Prosecutor Brad Cooper filing charges against Rudi Pameijer. Prosecutor Cooper deputized Secretary of State’s office attorney Diana Moers Davis to aid the prosecution.  Pameijer pleaded guilty in February of 2014 to one class B and two class C felony securities fraud violations. Today, the court conducted the sentencing hearing. 


Johnson County Judge Loyd sentenced Pameijer to a total of 18 years. Eight of the years were suspended with the remaining 10 years to be served in prison.  Pameijer was also ordered to pay $1.8 million in restitution. 


For information on how to avoid becoming a victim of investment fraud visit

Contact Information:
Name: Valerie Kroeger
Phone: 317-233-8655
Entry Type:
Press Release
Entry Category:
  • Alerts and Notification
  • Announcements
  • Category:
  • Government
  • Agency Name
    Secretary of State

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