Kathy Bazoian Phelps
Senior Counsel in Ponzi Scheme Litigation
and Bankruptcy Matters

Kathy is a senior business trial attorney with more than 25 years experience prosecuting and defending claims for clients involved in Ponzi scheme matters and in bankruptcy proceedings. Kathy’s practice includes recovering assets for clients in complex fraud cases on under standard fee and alternative fee arrangements. Kathy also serves as a mediator in bankruptcy matters, in complex business disputes, and in matters requiring an expert on fraud or Ponzi schemes.

Kathy’s Clients in Ponzi Scheme Cases and Bankruptcy Matters
Equity Receivers
Bankruptcy Trustees
High Net Worth Investors
Debtors in Bankruptcy
Secured and Unsecured Creditors

Wednesday, January 1, 2014

Results of The Ponzi Scheme Blog’s DECEMBER POLL

Posted by Kathy Bazoian Phelps

The DECEMBER POLL asked the following question:

“Are prison sentences for Ponzi schemers the right length?”

The choices were:

     (a) Should be longer
     (b) Should be shorter
     (c) Are just right
     (d) Don’t know
 
The results were:
  • The overwhelming majority voted that prison sentences should be longer (80%).
  • A very small minority (only one vote) felt that prison sentences should be shorter (3%).
  • A somewhat larger percentage felt that sentences are just right (16%).
  • Nobody was uncertain about their opinion on this one!
 
To avoid investing in a Ponzi scheme in the first place, read about my new book Ponzi-Proof Your Investments: An Investor’s Guide to Avoiding Ponzi Schemes and Other Fraudulent Scams at www.ponzi-proof.com 

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