When Ponzi Schemes Collapse, Service Providers May Be in the Cross-Hairs
Share
When Ponzi Schemes Collapse, Service Providers May Be in the Cross-Hairs
By Maureen Bass, Partner, Cullen and Dykman LLP
DC Solar Solutions Inc. described itself as a designer, manufacturer, and lessor of renewable energy products. More recently, though, it has been described in court documents as a massive Ponzi scheme and has been implicated in an $810 million investment fraud.
Ponzi schemes take their...
We hope you enjoyed your free content!
To continue, please become a TMA member.
Access the Journal of Corporate Renewal and other content in the Learning Link.
Become part of a global organization of turnaround and restructuring professionals with 54 Chapters and more than 400 events each year.
Build your personal brand and professional network with opportunities to connect, speak, lead, and win awards.
Maureen Bass is a partner in the Bankruptcy and Creditors Rights practice of Cullen and Dykman LLP in New York. She has extensive restructuring, commercial bankruptcy, and workout experience, with a focus on litigation arising from such matters. She provides advice to distressed companies, financial institutions, special servicers, executives, and management in connection with in- and out-of-court restructurings. Bass holds a law degree from Syracuse University College of Law and an undergraduate degree from Tulane University.
