1st day of the month, hence Kathy Phelps' excellent Ponzi Scheme blog. The article that particularly caught my eye this month was one individual who claimed that investors were greedy. Methinks that prosecutors and jury will not share that view.
Ian Bick, 21, previously convicted for running a Ponzi scheme, is seeking probation, saying that he is a victim of overzealous prosecutors and greedy investors. Bick maintains his innocence and wants probation, while prosecutors are seeking an 8 year prison sentence.