Ohio Lawyer Ohio Lawyer - Injury Deadlines Ohio Lawyer - Submit Case Ohio Lawyer Help Ohio Lawyer - Contact Us

  Talk To A Legal Aid Online For FREE | Submit Your Case For FREE Evaluation |  

  Ohio Criminal Defense Ohio PONZI SCHEMES

Ohio Lawyer

   :: Criminal Defense Attorney

Have you been a victim of a Ponzi Scheme or charged with Ponzi Scheme in Ohio?  Have your rights in Ohio been violated? Have you been falsely accused? We can help.

Contact Us immediately for a FREE case evaluation and answers to your questions  Find out if  you have a case in Ohio and what to do if you do.

Ohio Ponzi Schemes:

Ponzi schemes are a type of illegal pyramid scheme named for Charles Ponzi, who duped thousands of New England residents into investing in a postage stamp speculation scheme back in the 1920s. Ponzi thought he could take advantage of differences between U.S. and foreign currencies used to buy and sell international mail coupons. Ponzi told investors that he could provide a 40% return in just 90 days compared with 5% for bank savings accounts. Ponzi was deluged with funds from investors, taking in $1 million during one three-hour period—and this was 1921! Though a few early investors were paid off to make the scheme look legitimate, an investigation found that Ponzi had only purchased about $30 worth of the international mail coupons.

Decades later, the Ponzi scheme continues to work on the "rob-Peter-to-pay-Paul" principle, as money from new investors is used to pay off earlier investors until the whole scheme collapses. For more information, please read our search key topic on Pyramid Schemes.

Did You Know?
  • In most cases, the best way to protect your rights is to hire a Ohio attorney?

Got questions?  See what a Ohio Attorney can do for you.  Contact us immediately for a FREE case evaluation and answers to your questions.

Ohio Lawyer - Cities We Serve:


Criminal Defense Attorney

Ohio Lawyer

Get answers to your questions about Ohio Sex Crimes. Don't Wait, you have certain rights that you may lose in time.

Ohio White Collar Crimes

Ohio Sex Crimes

Copyright 2002-2018 Defend-Me.com All Rights Reserved Home | Site Map | Privacy | Terms | Contact Us