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Forum (Forum & Focus)

Feb. 18, 2009

The Problem With Ponzi: a Structure That Can Aggravate the Crime

Congress should create a uniform, victim-sensitive regimen to protect those forced to suffer a stake in a Ponzi case liquidation, writes Paul J. Laurin.

FORUM COLUMN

By Paul J. Laurin

There are some winners and mostly losers in Ponzi schemes, but whether you're a winner or a loser, you'd better watch your back. This is no time to put your head in the sand. The fact is that in a Ponzi scheme, named for the infamous Charles Ponzi, victims bear not only much of the stigma but also, potentially, a surprising amount of the burden. I represented a group of Ponzi victims being sued by a bankruptcy truste...

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