Resource title

Ponzi Schemes

Resource image

image for OpenScout resource :: Ponzi Schemes

Resource description

A Ponzi scheme is an investment swindle whereby some early investors are paid returns from the money acquired from new investors; eventually the scheme collapses when there is not enough new investment to continue the payouts. Each year in the United States several such fraudulent schemes are uncovered and prosecuted by the Securities Exchange Commission (SEC).

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Per-Pro/Ponzi-Schemes.html

Resource license

Copyright © 2011 Advameg, Inc.