News & Analysis as of

Fraud Ponzi Scheme Investment

Fraud is the making of false representations or engaging in deceptive behavior in order to unlawfully secure financial or personal gain. 
King & Spalding

Divided Ninth Circuit Panel Reaffirms “Ponzi Scheme Presumption” of Intent to Defraud in Fraudulent Transfer Action

King & Spalding on

On August 23, 2024, a divided panel of the U.S. Court of Appeals for the Ninth Circuit affirmed a jury’s verdict for a Chapter 7 trustee in an actual fraudulent transfer claim, which was based on the determination that...more

Foodman CPAs & Advisors

El Fraude Es El Delito Número Uno En El Lavado De Dinero

En febrero de 2024, el Tesoro de los Estados Unidos publicó la Evaluación Nacional de Riesgo de Lavado de Dinero (NMLRA) de 2024, que examina el entorno actual de lavado de dinero e identifica las formas en que los...more

Foodman CPAs & Advisors

Fraud Is The Number One Crime In Money Laundering

On February 2024, the U.S. Treasury released the 2024 National Money Laundering Risk Assessment (NMLRA) which examines the current money laundering environment and identifies the ways in which criminals and other actors seek...more

McGuireWoods LLP

New Complaint – Marfleet v. Hardin, et al.

McGuireWoods LLP on

Marfleet v. Hardin, et al. was filed in the Western District of Tennessee on October 20, 2021. The complaint alleges Defendants operated a nationwide real estate Ponzi scheme that defrauded investors by falsely promising...more

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