April 7, 2021
With the continued proliferation of Ponzi schemes and resulting litigation, McGuireWoods has launched the Ponzi Perspectives blog to help clients track key decisions and new cases related to Ponzi scheme civil and criminal litigation.
In this blog, McGuireWoods lawyers analyze new decisions and offer their perspectives on litigation trends, best practices and emerging issues as new case law develops in this ever-changing landscape. The blog covers allegations by federal regulatory agencies — such as the U.S. Securities and Exchange Commission, Commodities Futures Trading Commission, Federal Trade Commission and Department of Justice — against individuals and entities regarding investment fraud, investor actions, receivership actions and other claims arising from underlying Ponzi scheme-related actions.
McGuireWoods is an industry leader representing financial institutions in Ponzi scheme-related litigation. The firm represents entities that were defrauded or are being investigated in relation to Ponzi schemes, including serving as lead counsel in a nationwide series of class actions and securities arbitrations involving one of the largest Ponzi schemes in history. Over the past decade, the firm has represented numerous banks accused of assisting Ponzi schemes by providing routine banking services through a variety of business lines and financial products. McGuireWoods defends such clients across the country, managing jurisdictional variations in Ponzi standards, and developing seminal law related to Ponzi schemes.