Karjohn v. Davis

Does the date that money is paid into a pyramid program correspond with the date of loss, for the purpose of recovering under Connecticut state statute?

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Karjohn was involved in a pyramid scheme operated by Davis, and sued to recover her money under the state's anti-gambling statute. Pyramid programs were prohibited as a form of gambling under Connecticut state statutes. The statute allowed for the recovery of money paid into such a program to be recovered within three months from the date of loss.

Full case and case summary are also available at: http://www.mlmlegal.com/legal-cases/Karjohn_v_Davis.php

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Published In: Civil Procedure Updates, MLM / Direct Sales Updates, MLM Consulting / Network Marketing Updates

Reference Info:State, 2nd Circuit, Connecticut | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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