4th Circuit Panel Affirms Ponzi Scheme Operator’s Conviction On Tax Fraud

Mealey's (August 27, 2018, 12:45 PM EDT) -- RICHMOND, Va. — A Fourth Circuit U.S. Court of Appeals panel on Aug. 23 ruled that a federal district court did not err in failing to grant the operator of a Ponzi scheme’s pretrial motion to dismiss a tax fraud conspiracy charge against him or denying his motion for judgment of acquittal as to the tax fraud conspiracy charge and was correct in prohibiting the defendant from admitting certain documents during the U.S. government’s case-in-chief (United States v. Paul Burks, No. 17-4131, 4th Cir., 2018 U.S. App. LEXIS 23804)....