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What Exactly is a “Ponzi Scheme”?

June 18th, 2008 No Comments »

Since the news that Bernnie Madoff was arrested for Securties Fraud, the term “Ponzi Scheme” has been used in every newspaper, television news show and blog.  Below is a thorough explanation of a “Ponzi Scheme.”

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Arizona Criminal Defense Lawyer Blog

The Arizona Criminal Defense Lawyer Blog is published by the Attorneys at the Koplow Law Firm. Our criminal practice experience includes a wide variety of defense representation and cases; and is led by Lawrence Koplow, a former prosecutor with the Maricopa County Attorney's Office.

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