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A Ponzi Scheme Born Every Minute
September 20, 2009
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.