Legal Opinion
United States v. Robert W. Slocum
Court of Appeals for the Second Circuit
Decided December 10, 1982No. 248, Docket 82-1161PublishedCited by 31 opinions
1Opinion of the Court
CARDAMONE, Circuit Judge:
It is often stated that if something is too good to be true, it probably isn't. Sadly, several hundred investors learned this lesson the hard way in the case before us. Operating on a well-known premise so tellingly phrased by P.T. Barnum, appellant conceived an elaborate Ponzi-like scheme and offered it to the public as a sure route to get rich quickly. Lured by promised profits of 100 percent in 90 days, “investors” eagerly bought securities in appellant’s shell corporation. Only after being duped out of over three million dollars did the victims realize that this…
2Cases cited16 opinions
- Blockburger v. United StatesSupreme Court of the United States · 1931
- Glasser v. United StatesSupreme Court of the United States · 1942
- Bruton v. United StatesSupreme Court of the United States · 1968
- Ungar v. SarafiteSupreme Court of the United States · 1964
- Albernaz v. United StatesSupreme Court of the United States · 1981
11 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- United States v. SatterfieldCourt of Appeals for the Eleventh Circuit · 1984
- United States v. MulderCourt of Appeals for the Second Circuit · 2001
- United States v. Anthony Frank Gaggi, Henry Borelli, Peter Lafroscia, Ronald Ustica, Edward Rendini and Ronald TurekianCourt of Appeals for the Second Circuit · 1987
- United States v. WilkinsonCourt of Appeals for the Second Circuit · 1985
- United States v. Alejo Maldonado MedinaCourt of Appeals for the First Circuit · 1985
26 more not listed; retrieve them via the Exa API.