Floyd v. Dunson (In Re Ramirez Rodriguez)

How courts have described this case

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

• Ponzi scheme operator commingled investor funds and used them to pay earlier investors, operating expenses, and personal expenses
• “A Ponzi scheme is a fraudulent investment arrangement whereby an entity makes payments to investors from monies obtained from later investors rather than from any ‘profits’ of the underlying business venture.”

Source: CourtListener parenthetical corpus (CC0).