Federal Case

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• \Distributing funds to earlier investors from the receipt of monies from later investors is the hallmark of Ponzi schemes.\
• “Distributing funds to earlier investors from the receipt of monies from later investors is the hallmark of Ponzi schemes.”
• “Distributing funds to earlier investors from the receipt of monies from later investors is the hallmark of Ponzi schemes.”
• distributions on account of equity security interests are not value because any other definition would not further protection of creditors as contemplated by the stated purpose of the Uniform Fraudulent Transfer Act

Source: CourtListener parenthetical corpus (CC0).