Lashbrook v. Indiana

Is an airplane investment program gambling under Indiana law?

more+
less-

The Court of Appeals affirmed the convictions of gambling under Indiana law because the essences of an airplane program is the investment of money with the payoff to come from conditions outside of the investors control. The initial investment consisted the initial payment on the chance that enough additional investors would sign up to enable the "pilot" to get paid.

Case and case summary are also available online at: http://www.mlmlegal.com/legal-cases/Lashbrook_v_Indiana.php

LOADING PDF: If there are any problems, click here to download the file.

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

Reference Info:State, 7th Circuit, Indiana | United States

Reporters on Deadline

CONNECT

Welcome to MLM Legal - a valuable resource to the Multi-Level Marketing and Direct Sales Industry. ... View Profile »


Follow Babener & Associates: