Jim Patterson, head of Bennett Jones' fraud group, discusses the
structure of Ponzi schemes in Jennifer Wells' Toronto Star
article, "Ponzi Canadian Style?". The article, provides examples of
numerous schemes and multiple victims. As one of the lawyers
involved with two class action lawsuits against the organizers of
an alleged Alberta-based Ponzi scheme, Jim is quoted on the
"exponential growth" of schemes of this nature.
In The News
A Ponzi Scheme Born Every Minute
September 20, 2009
Republishing Requests
For permission to republish this or any other publication, contact Peter Zvanitajs at ZvanitajsP@bennettjones.com.
For informational purposes only
This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.
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