Legal Opinion
United States v. Setser
Court of Appeals for the Fifth Circuit
Decided May 12, 2009No. 07-10199PublishedCited by 36 opinions
1Opinion of the Court
LESLIE H. SOUTHWICK, Circuit Judge:
Gregory Setser appeals his convictions, and Deborah Setser her sentence, on multiple counts stemming from a multi-million dollar Ponzi scheme. Finding no reversible error, we AFFIRM.
FACTS
Gregory and Deborah Setser, who are siblings, were convicted of involvement in a Ponzi scheme focused on soliciting funds from Christian groups for largely mythical deals involving real estate and retail products. As in a classic Ponzi scheme, as new investments came in (eventually totaling $173 million), some of the new money was used to pay earlier investors. The take-home…
2Cases cited36 opinions
- United States v. OlanoSupreme Court of the United States · 1993
- Coolidge v. New HampshireSupreme Court of the United States · 1971
- Stanley v. GeorgiaSupreme Court of the United States · 1969
- New York v. BurgerSupreme Court of the United States · 1987
- United States v. KordelSupreme Court of the United States · 1970
31 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Janvey v. AlguireCourt of Appeals for the Fifth Circuit · 2011
- United States v. CurtisCourt of Appeals for the Fifth Circuit · 2011
- United States v. Van AlstyneCourt of Appeals for the Ninth Circuit · 2009
- United States v. WilliamsCourt of Appeals for the Fifth Circuit · 2010
- United States v. HernandezCourt of Appeals for the Fifth Circuit · 2011
31 more not listed; retrieve them via the Exa API.