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P. v. Ney

P. v. Ney
08:28:2006

P. v. Ney



File 8/23/06 P. v. Ney CA3






NOT TO BE PUBLISHED




California Rules of Court, rule 977(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 977(b). This opinion has not been certified for publication or ordered published for purposes of rule 977.



IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA


THIRD APPELLATE DISTRICT


(Sacramento)


----








THE PEOPLE,


Plaintiff and Respondent,


v.


CHRISTINE SUZANNE NEY,


Defendant and Appellant.



C048122



(Super. Ct. No. 02F09957)





During the spring and summer of 2002, defendant Christine Suzanne Ney played various roles in Women Helping Women (WHW), a pyramid scheme. In a pyramid scheme early participants recover more than they contribute. The additional money must be paid in by those who join later. As new and necessarily larger generations join in, the structure resembles a pyramid. Inevitably, since the number of possible participants is finite, growth of such a scheme has to end. This stops the payouts, causing the great majority of participants at the base levels of the pyramid to lose money.


In November of 2002, defendant was charged with operating an â€





Description In a pyramid scheme early participants recover more than they contribute. The additional money must be paid in by those who join later. As new and necessarily larger generations join in, the structure resembles a pyramid. Inevitably, since the number of possible participants is finite, growth of such a scheme has to end. This stops the payouts, causing the great majority of participants at the base levels of the pyramid to lose money.
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