Ponzi Schemes


At Ashley D. Adams, PLC, we have a well-established track record of success that can make a difference, whether in defending charges of white collar crime, health care fraud, financial fraud, general fraud charges, other criminal or civil matters, or representing our clients during a government investigation.


Phoenix Criminal Defense Lawyer

If you need a Phoenix Ponzi scheme defense attorney, call Criminal Defense Attorney Ashley D. Adams. From her office in Scottsdale she serves clients throughout Arizona. Whether you are charged with state or federal crimes, call 480-219-1366 for the type of criminal defense you need and deserve. 

With the current poor economy, Ponzi schemes have become more prevalent in recent years. Many people are intent on investing their cash in high-return investments in order to better their financial circumstances and end-up losing their investments in such schemes. Due to the recent high profile Ponzi schemes covered by the media, most people believe that these schemes are run by the Wall Street rich who prey on unsuspecting victims. However, many Ponzi schemes are not due to malice, but result from bad luck, bad planning, and panic. Suspects may also be falsely accused. 

If you have been charged with involvement in a Ponzi scheme, you need the help of an experienced white collar crime attorney. At the Law Office of Ashley D. Adams, our seasoned and skilled Phoenix Ponzi scheme defense attorneys will aggressively fight to protect your rights and provide you with the best defense possible.


A Ponzi scheme is an investment scheme in which investors are promised high returns in a short amount of time. Investments can be advertised as anything, examples being securities, a hedge fund, mutual funds,or even postage stamps (the scheme was named after Charles Ponzi, who in the 1920’s duped investors into investing into postage stamp speculation). The Ponzi scheme usually offers returns that other investments cannot guarantee in order to entice new investors. The scheme is fraudulent because returns are paid to investors from their own money or money paid by subsequent investors rather than from any actual profit earnings. The scheme requires an ever-increasing flow of money from investors to keep it going. It eventually collapses because the earnings are less than the payments.

However, not all Ponzi schemes start out fraudulent. Some begin as completely legitimate investments. If the investments don’t do well the person or persons offering the investment may panic and pay some dividends acquired from new investors until things get better. But as cash is continued to be used to pay off earlier investors, the whole scheme eventually collapses.


If you are accused with running a Ponzi scheme, you may face charges filed by the State of Arizona,the federal government, or both. Ponzi schemes are a type of financial fraud which can be investigated by Arizona agencies as well as federal agencies such as the SEC, the FBI, or the U.S.Department of Justice. Ponzi schemes can include, but are not limited to, the following types of financial fraud charges:

  • mail fraud
  • wire fraud
  • securities fraud
  • commodities fraud
  • lottery fraud
  • real estate fraud
  • tax evasion


Since people charged with Ponzi scheme violations may face a variety of charges from both the State of Arizona and/or the federal government, a conviction could result in jail time and fines from both. The penalties for operating a Ponzi scheme can be harsh. The federal government has handed down lengthy prison terms in financial fraud scams. Former top executives from Fortune 500 companies have been given severe sentences for such offenses. Part of the reason punishments have been severe is that the victims of these schemes have often included the elderly and charitable organizations and the media has portrayed them as unassuming victims. While this may be true in some cases,many investors are aware of the possibility of fraud. It is therefore essential to retain an experienced white collar crime attorney to effectively fight against the arguments used by the prosecution.


If you have been charged with running a Ponzi scheme in Arizona, you need expert legal help. The issues involved can be complex, involving very large amounts of money and multiple defendants. At the Law Offices of Ashley D. Adams, our experienced white collar crime attorneys understand the complexities of fraud charges and can provide you the most effective and diligent defense available. Contact Phoenix Ponzi Scheme Defense Attorney Ashley D. Adams via this website or at 480-219-1366 today for a case evaluation.