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That varies by state, and how much was stole, and too many other circumstances.

However, it can be said that if you steal $50 from a convenience store you will get ten times the sentence of the man who defrauds the convenient store company of $50,000.

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15y ago

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Related Questions

What do you call a form of fraud where previous investors' money is used to pay out later investors?

A Ponzi Scheme Or a Pyramid scheme.


When was The Ponzi Scheme created?

The Ponzi Scheme was created on 1998-03-31.


When did Caritas - Ponzi scheme - end?

Caritas - Ponzi scheme - ended in 1994.


When was Caritas - Ponzi scheme - created?

Caritas - Ponzi scheme - was created in 1992.


Who help madoff with his ponzi scheme?

Bernard Madoff's Ponzi scheme involved various individuals and entities that either facilitated or ignored his fraudulent activities. While specific names of accomplices are not widely recognized, some employees at his firm, Bernard L. Madoff Investment Securities LLC, were reportedly aware of the scheme but did not act to stop it. Additionally, regulatory failures and lack of oversight by the Securities and Exchange Commission (SEC) contributed to Madoff's ability to operate his scheme for years without detection. Overall, while Madoff was the mastermind, systemic issues and complicity among some staff played a role in enabling the fraud.


What did jerry gillies go to prison for?

Jerry Gillies was convicted for his involvement in a fraudulent scheme that involved the misappropriation of funds and securities from investors. He was sentenced to prison for his role in operating a Ponzi scheme, which deceived many individuals out of their money. His actions were part of a broader pattern of investment fraud that led to significant financial losses for victims.


Which investors lost money in Madoff ponzi scheme?

If you were an investor in Madoff's ponzi scheme, you lost money.


How does the ponzi scheme relate to Agape scandal?

The Agape scandal was the fact that they were defrauding people with the Ponzi scheme.


What were some get rich quick schemes of the 1920's?

The Ponzi Scheme/ Pyramid Scheme Created by Charles Ponzi


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ponzi


How is Social Security a Ponzi scheme?

You can joke it is like a Ponzi scheme as far as money from one investor is used to "pay" another and so on....


What is the definition of a ponzi scheme?

The definition of a ponzi scheme is that ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from profits earned by the individual or organization running the operation.

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