Throughout the years, there have been many times when people have invested their hard earned money into what they thought were sound investments. The person selling the investment was smooth. They made it sound like it was a sure-fire win
Chances are that if you have been following the news the last few years, then you have heard of Bernie Madoff and the most current of the big Ponzi schemes, but you may not actually know what he did wrong
Ponzi schemes are fraudulent investments that involve paying off investors with new investors. Schemers will gain new investors by promising opportunities for investments funds that will supposedly generate high return rates. They often claim these high return investments will come
The news has been full of stories about Ponzi schemes in recent years, in relation to big banking and investment scandals. This is a type of scam investment that is named after Charles Ponzi, who was known for constructing a
While they’ve taken place in various guises over the last century, Ponzi schemes recently raged back to headlines thanks to Bernie Madoff, who is responsible for the largest case of financial fraud in American history. Whether you’re a regular investor