Ponzi Schemes and online scams: criminal liability - Andrea Puccio interviewed by Vanity Fair

Online financial scams, increasingly linked to trading and cryptocurrencies, make it difficult to trace money flows and identify the individuals actually responsible.

Our Andrea Puccio discussed the topic in an in-depth article by Vanity Fair focusing on Ponzi schemes and the evolving forms of online financial crime.

Andrea highlights how the complexity of these operations often results in individuals who, despite being entirely unrelated to the fraudulent scheme, may nevertheless appear to be involved in it and consequently find themselves under investigation.

Accurately reconstructing the relationships between the parties therefore becomes essential to distinguish between the different positions and assess individual criminal liability by determining whether the individual apparently involved in the fraud actually acted with criminal intent.

The full article is available here.