if this is the law (USA) on the diff between a charity and a - TopicsExpress



          

if this is the law (USA) on the diff between a charity and a purchaser in a Ponzi Scheme: “If a Ponzi schemer buys goods or services, the payments aren’t fraudulent transfers because something of value was given in return. Because charities don’t give anything in return for contributions, they can, by definition, be accused of receiving fraudulent transfers.” i would argue as a bush lawyer that the schemer did get something in return for his donations: good will, a polish for the knights armour, or even power & influence from his donation.
Posted on: Wed, 22 Oct 2014 20:33:33 +0000

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