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Aiding and Abetting a Ponzi Scheme: Civil Liability for Third-Parties
Ponzi schemes have become ubiquitous in today’s investing world. At any given time, there are innumerable Ponzi schemes being carried out against unsuspecting investors.
Federal and State Agencies Investigate Frauds and Offer Resources to Their Victims
Multiple state and federal agencies in the United States offer consumer protection oversight and investigations for people or companies who are defrauded, cheated, and scammed.
Lifespan of a Civil Fraud Case and Recovery
Generally, any discussion of lifespan and timeframes for civil litigation in the United States requires emphasis of the idiom “patience is a virtue.” Plaintiffs should expect nearly any U.S. civil suit to last a minimum of a year from the date of the filing of the complaint.