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A Ponzi Scheme Born Every Minute

September 20, 2009
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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.
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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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