Criminal Law Questions? Ask a Criminal Lawyer.
Dear Customer, Thank you for using Just Answer, we appreciate your business. I would like to help you today, but I want to check to ensure that I am the right person to answer your question. It appears you already feel comfortable with your position regarding any liability you might have, but you are asking about ways you can legally be more aggressive in screening potential clients or purchasers, is that correct?
Thanks for your response. I am not fully comfortable, I still have some concerns whether am I fully protected or I can be in legal problem in case later someone finds that specific ponzi website was actually developed and maintained by us? Its not possible for us to screen before our client purchase our software, in most cases its after the product is sold we get to know that their compensation plan appears to be more like ponzi. What can we do for existing client who appears to be running ponzi scheme?
Okay, what I am going to do is to list the question as "mis-categorized" and send it to our Criminal Law experts. They will better be able to help you with these issues than I. There might be a delay in the next expert picking the question up, but the clarification should help. You do not need to respond, the server picks these up quickly. Best regards, Bill
Thanks Bill, awaiting another expert to pick up the thread.
Hi, I am a moderator for this topic. It seems the professional has left this conversation. This happens occasionally, and it's usually because the professional thinks that someone else might be a better match for your question. I've been working hard to find a new professional to assist you right away, but sometimes finding the right professional can take a little longer than expected. I wonder whether you're ok with continuing to wait for an answer. If you are, please let me know and I will continue my search. If not, feel free to let me know and I will cancel this question for you. Thank you! Wendy
Its fine for me to wait for some time. Looking forward to receiving feedback from your expert.
Sorry for the delayed response. I need to be sure that legally we are protected even if our client is convicted for running a ponzi scheme. I need your opinion on this.We never get involved in managing operations and never have any cuts on actual turn-over of the company. We sell our software at flat one time prices and services at flat maintenance charges.
Secondly how we can be sure that any client who uses our company name to acquire domain names or hosting facilities do act reasonably, and what our course of action should be in case we do find that some of our client is duping people. We cannot take their website offline just because we feel that they are running a ponzi scheme.
In some cases our client do wind up company after running it for sometime. They would have collected some money and then run away or simply launch another company in another region. Investors who joined recently loose their all or most of the investment. Investors file police complaints and then investigation starts. Should we approach authorities and provide all details of owners of the company on our own or wait for the authorities to reach us and inquire about owners?
Thanks for your feedback.
We do have clauses in our contract that distance ourselves from their operations and classify our services as vendor services providing them IT facilities only. I believe its time we add additional clauses that would allow us to withdraw our services/ discharge them in case they get into ponzi activities and give us freedom to approach authorities on our own and provide necessary details. Thanks!
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