ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Criminal Law Blogs -> Defense Newsletter Blog

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Criminal Law

: Defense Newsletter Blog

Ramunno: No Constructive Trust for Victim of Ponzi Scheme

By Tim Cone

ADVERTISEMENTS
In U.S. v. Ramunno, No. 09-10446 (March 17, 2010), the Court found no abuse of discretion in the district court?s denial of a fraud-victim?s request to amend an order of forfeiture against the defendant and recognize a ?constructive trust? under Georgia state law in the amount of funds the victim invested. The Court pointed out that the claimant was just one of a number of victims of Ramunno?s Ponzi scheme, and that if he were granted a constructive trust to recoup his entire loss, the pool of funds available to distribute to Ramunno?s other victims through the Attorney General?s remission process would be reduced. ?If the funds are distributed equitably to all victims, then each victim . . . may recover some fraction of their lost investments...continue to full post

Full post as published by Defense Newsletter Blog on March 22, 2010 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Articles

Constructive Discharge
How intolerable conditions can yield claims for constructive discharge

Lawsuits and Settlements

Wesley A. Snyder et al.
alleging the consultants perpetrated a Ponzi scheme by encouraging borrowers to lend more than they needed.

Hershey Co. et al.
allegedly involved in a chocolate price fixing scheme.

Sea Star Agrees $18.5M Settlement in Anti-trust Class Action
Sea Star Agrees $18.5M Settlement in Anti-trust Class Action

Atlas Cold Storage
Income Trust to pay $40 million to settle a class action that claims misrepresented financial statements.

Austin Car Accident Victim Awarded $470,000
$470,000 Awarded to Austin Car Accident Victim

Victim of Sexual Attack Awarded $1.4 Million
Victim of Sexual Attack Awarded $1.5 Million

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0148 secs (new cache)