Ponzi Schemes and Pyramid Schemes

A Ponzi scheme is a fraudulent investment operation controlled by one central figure that involves paying investors very high returns from the deposits of subsequent investors instead of paying them from the profit of a legitimate business. So money from new investors is used to pay off the earlier investors until the whole scheme collapses. Similarly, the classic pyramid scheme involves participants who attempt to make money solely by recruiting new participants into the program. These schemes are pitched with the promise of sky-high returns in a short period of time for doing nothing other than handing over your money and then convincing others to do the same. The money coming in from the new participants is simply used to pay off the early stage investors, but eventually the pyramid will collapse as the scheme gets too big to sustain and not enough additional investors are recruited. These fraudulent investment operations are often conducted over the internet or email. If convicted of Ponzi schemes and/or pyramid schemes you may be facing large fines and/or imprisonment.

Due to the penalties you may face for a ponzi schemes and pyramid schemes conviction, it is critical to speak to a law firm that is familiar with dealing with federal crime cases. At Eisner Gorin LLP, our attorneys will work hard to provide you with a successful defense. Because of the complexity of federal laws and court systems, it is very important that your lawyer have a good amount of experience in federal court rooms. Now is not the time to entrust your case to an attorney who is ill-equipped to handle your charges in a federal court. Call our law firm at (877) 781-1570 and we will address your charges in a way that will positively resolve your case.

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