Anatomy Of A Ponzi Scheme Scams Past And Present

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Anatomy of a Ponzi Scheme: Scams Past and Present

Author : Colleen Cross
Publisher : Slice Publishing Mystery and Thriller Books
Page : 272 pages
File Size : 53,7 Mb
Release : 2022-12-31
Category : Business & Economics
ISBN : 9780987883544

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Anatomy of a Ponzi Scheme: Scams Past and Present by Colleen Cross Pdf

The unputdownable true crime financial thriller and instant #1 bestseller Wall Street sell-offs and stock market meltdowns aren't the worst that can happen... What if you're invested in a Ponzi Scheme? It can happen to you... Market volatility, financial upheaval, and economic uncertainty are the main catalysts for Ponzi scheme collapse--and financially ruined investors. Politics, global instability, trade wars and volatile stock markets can all be catalysts for a financial meltdown. When markets collapse, fraud, Ponzi schemes and other investment scams are exposed, but usually too late to get your money back. Are you and your money protected? Can you spot a Ponzi scheme? Most people don't know that they're caught in a fraudulent investment until it's too late. At best they lose their retirement funds, college funds, and nest eggs. At worst, they are financially ruined. You owe it to yourself and your family to learn how to spot and avoid Ponzi schemes and protect your money. Most of the 10 biggest Ponzi schemes collapsed during the Great Recession and financial crisis. Today's financial markets are even more volatile, with catalysts providing exactly the right conditions to trigger a Ponzi scheme collapse. Unwitting investors will be financially ruined and left holding the bag. The next massive Ponzi scheme collapse will surprise both veteran investors and financial experts alike, and will dwarf Bernard Madoff's massive $50 billion fraud during the 2008 financial crisis. Will you be a victim of the greatest fraud of the 21st century, or will you be prepared? Don't fall prey to the next wolf of Wall Street. You will be surprised to learn you are probably already invested in one of these schemes, either directly or indirectly as part of your mutual fund, pension fund, hedge fund or other investments. Many innocent victims suffered financial ruin simply because they didn't spot the Ponzi scheme red flags and warning signs until it was too late. Knowledge is power, and by following a few simple steps you can protect yourself and your money. You'll also discover exactly how Bernard Madoff, Scott Rothstein, Tom Petters and others defrauded investors for years, and how they ultimately got caught. Get Anatomy of a Ponzi today so you can protect yourself and keep your investments safe! A #1 New York Times bestseller business book from investing expert and CPA Colleen Cross. This exposé of the Wall Street underworld of tax havens and shady investment scams will both shock you and inform you as you prepare for the next Wall St. market meltdown... New York Times Bestselling author Colleen Cross is a CPA and personal finance expert who writes action-packed financial and legal thrillers, true crime and white-collar crime. What readers are saying: "Hands down the best investing book I have read in years. The practical advice and real-life stories are eye-opening and scary." "Fascinating how history always repeats. Great reading!" "You'll never trust your investment adviser again - a must read!" Also by Colleen Cross: Katerina Carter Fraud Thriller Series Exit Strategy Game Theory Blowout Greenwash Red Handed Blue Moon Nonfiction Anatomy of a Ponzi Scheme: Scams Past and Present Keywords: undoing project, Brexit, EU, UK, USA, Great Recession, DepressionPonzi scheme, books, ebooks, how to spot a scam, financial thriller, crime, financial crisis, stock market crash, penny stocks, short sellers, market volatility, true crime, financial crime, Ponzi, ponzi schemes, Charles Ponzi, Paul Burks, Marc Dreier, Nevin Shapiro, Ioan Stoica, Damara Bertges, Scott Rothstein, Tom Petters, Allen Stanford, Bernard Madoff, swindlers, cons, cheats, forensic accounting, accounting, money, criminals, white collar crime, scams, securities, nvestments, investing, retirement, sarah howe, bill miller, fraud red flags, psychopaths, pyramid schemes, mavrodi, whistle blower, best selling, bestselling, banks, banking, bookkeeping, budgeting, business ethics, corporate finance, business history, economics, 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Anatomy of a Ponzi

Author : Colleen Cross
Publisher : Colleen Tompkins
Page : 296 pages
File Size : 49,6 Mb
Release : 2015-05-06
Category : Business & Economics
ISBN : 0987883550

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Anatomy of a Ponzi by Colleen Cross Pdf

Is Your Money Safe? Bernard Madoff, Tom Petters and others amassed fortunes in massive Ponzi schemes, ruining unsuspecting investors who were unaware that their investments were connected to these criminals. The biggest Ponzi scheme of all time is about to collapse in 2016, and most victims are unaware they are caught in its web. Just like the investors on Bernie Madoff's massive Ponzi scheme, they are unknowingly invested in the scheme, either directly or indirectly, through hedge funds, mutual funds or other feeder fund investments. Are you an unwitting victim? Learn how the current economy allows Ponzi schemes to proliferate with irresistible promis

Anatomy of a Ponzi Scheme

Author : Colleen Cross
Publisher : Unknown
Page : 242 pages
File Size : 41,5 Mb
Release : 2022-03-13
Category : Electronic
ISBN : 1989268927

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Anatomy of a Ponzi Scheme by Colleen Cross Pdf

Ponzi Schemes Ruin Dreams... ⭐⭐⭐⭐⭐ Charles Ponzi gave the Ponzi Scheme its name. He wasn't the first, and won't be the last investment con artist. There's always a Ponzi scheme operating somewhere, stealing fortunes from unwitting investors. This book shows you how to spot a Ponzi scheme, and discover the tell-tale signs that an investment is too good to be true. Learn about the top 10 Ponzi Schemes of all time, and how these criminals fooled investors, regulators, and even finance experts with promises of secret deals and wealth creation. Charles Ponzi, Bernard Madoff, and scores of others preyed upon unsuspecting victims with smooth talk, secrecy and psychology. This book breaks down each investment scam in detail, from how victims got tricked into investing large sums of money they couldn't afford to lose, to how the perpetrators eventually get caught. You'll learn how each of these crimes unfolded and how they collapsed. You'll discover the red flags that are always present, if only you know where to look. White collar crime is more prevalent than ever, and the biggest Ponzi scheme ever to exist will implode soon. Today's frothy financial markets provide exactly the right conditions for a market meltdown and Ponzi scheme collapse, bringing financial ruin to all involved. This Ponzi Scheme book was written for both seasoned investment professionals and ordinary people seeking to safeguard their retirement funds. Once you understand the art of the con, you won't end up a victim of the con game. For fans of Wall Street, investing, investment psychology and behavioural finance.

Ponzi Scheme

Author : 50MINUTES,
Publisher : 50 Minutes
Page : 34 pages
File Size : 43,6 Mb
Release : 2015-09-17
Category : Business & Economics
ISBN : 9782806268457

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Ponzi Scheme by 50MINUTES, Pdf

Avoid scam investments This book is a practical and accessible guide to understanding Ponzi schemes, providing you with the essential information and saving time. In 50 minutes you will be able to: • Learn about the inspiration behind the scheme, Charles Ponzi, and how he fraudulently pocketed profits on postage stamps while deceiving his investors • Follow our advice on how to avoid Ponzi schemes and make the right investment • Understand why the Ponzi scheme has appeared in all parts of the world right up to today by looking at some more recent examples ABOUT 50MINUTES.COM | Management & Marketing 50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.

The Ponzi Scheme Puzzle

Author : Tamar Frankel
Publisher : Oxford University Press
Page : 250 pages
File Size : 53,9 Mb
Release : 2012-08-23
Category : Business & Economics
ISBN : 9780199926619

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The Ponzi Scheme Puzzle by Tamar Frankel Pdf

An exploration of Ponzi schemers' fascinating power of persuasion and deception, the reasons for their success and longevity, and the character of their victims.

Don't Fall For It

Author : Ben Carlson
Publisher : John Wiley & Sons
Page : 198 pages
File Size : 53,7 Mb
Release : 2020-01-02
Category : Business & Economics
ISBN : 9781119605164

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Don't Fall For It by Ben Carlson Pdf

Learn financial and business lessons from some of the biggest frauds in history Why does financial fraud persist? History is full of sensational financial frauds and scams. Enron was forced to declare bankruptcy after allegations of massive accounting fraud, wiping out $78 billion in stock market value. Bernie Madoff, the largest individual fraudster in history, built a $65 billion Ponzi scheme that ultimately resulted in his being sentenced to 150 years in prison. People from all walks of life have been scammed out of their money: French and British nobility looking to get rich quickly, farmers looking for a miracle cure for their health ailments, several professional athletes, and some of Hollywood’s biggest stars. No one is immune from getting deceived when money is involved. Don’t Fall For It is a fascinating look into some of the biggest financial frauds and scams ever. This compelling book explores specific instances of financial fraud as well as some of the most successful charlatans and hucksters of all-time. Sharing lessons that apply to business, money management, and investing, author Ben Carlson answers questions such as: Why do even the most intelligent among us get taken advantage of in financial scams? What make fraudsters successful? Why is it often harder to stay rich than to get rich? Each chapter in examines different frauds, perpetrators, or victims of scams. These real-life stories include anecdotes about how these frauds were carried out and discussions of what can be learned from these events. This engaging book: Explores the business and financial lessons drawn from some of history’s biggest frauds Describes the conditions under which fraud tends to work best Explains how people can avoid being scammed out of their money Suggests practical steps to reduce financial fraud in the future Don’t Fall For It: A Short History of Financial Scams is filled with engrossing real-life stories and valuable insights, written for finance professionals, investors, and general interest readers alike.

Ponzi's Scheme

Author : Mitchell Zuckoff
Publisher : Random House Trade Paperbacks
Page : 418 pages
File Size : 48,7 Mb
Release : 2006-01-10
Category : Biography & Autobiography
ISBN : 9780812968361

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Ponzi's Scheme by Mitchell Zuckoff Pdf

It was a time when anything seemed possible–instant wealth, glittering fame, fabulous luxury–and for a run of magical weeks in the spring and summer of 1920, Charles Ponzi made it all come true. Promising to double investors’ money in three months, the dapper, charming Ponzi raised the “rob Peter to pay Paul” scam to an art form. At the peak of his success, Ponzi was raking in more than $2 million a week at his office in downtown Boston. Then his house of cards came crashing down–thanks in large part to the relentless investigative reporting of Richard Grozier’s Boston Post. A classic American tale of immigrant life and the dream of success, Ponzi’s Scheme is the amazing story of the magnetic scoundrel who launched the most successful scheme of financial alchemy in modern history.

Ponzi Scheme

Author : 50 minutes,,50minutes. Com
Publisher : 50minutes.com
Page : 32 pages
File Size : 49,8 Mb
Release : 2015-09-17
Category : Electronic
ISBN : 2806270693

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Ponzi Scheme by 50 minutes,,50minutes. Com Pdf

Avoid scam investments This book is a practical and accessible guide to understanding Ponzi schemes, providing you with the essential information and saving time. In 50 minutes you will be able to: - Learn about the inspiration behind the scheme, Charles Ponzi, and how he fraudulently pocketed profits on postage stamps while deceiving his investors - Follow our advice on how to avoid Ponzi schemes and make the right investment - Understand why the Ponzi scheme has appeared in all parts of the world right up to today by looking at some more recent examples ABOUT 50MINUTES.COM - Management & Marketing 50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.

Brooklyn's Most Wanted

Author : Craig McGuire
Publisher : WildBlue Press
Page : 306 pages
File Size : 49,5 Mb
Release : 2017-06-20
Category : True Crime
ISBN : 9781942266976

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Brooklyn's Most Wanted by Craig McGuire Pdf

A collected history of the 100 most notorious criminals to walk the streets of the New York City borough. Brooklyn’s Most Wanted parades an impressive perp walk of 100 of the borough’s most notorious, ranking them meticulously from bad to worst. From crime bosses to career criminals to corrupt politicians, pedophile priests to Ponzi scammers, this is not your usual crime chronicle. You want labor racketeering, Ponzi scheming, hijacking, murder, loan sharking, arson, illegal gambling, money laundering? Fugetaboutit! Take this guided gangland tour of Brooklyn, the broken land, and meet everyone from the South Brooklyn Boys to the Soviet thugs of Brighton Beach’s Little Odessa. Want to know what Billy the Kid, John Wilkes Booth and the Son of Sam all have in common? Brooklyn. Anthony “Gaspipe” Casso, Al Capone, Frankie Yale, Paul Vario, Roy DeMeo and so many more malicious malcontents and maniacs stalk these pages, as author Craig McGuire rank a rogues’ gallery of the best of the worst from Brooklyn’s crime-ridden past and present. This includes more than a century of screaming crime blotter headlines, spotlighting epic cases, like The Brooklyn Godmother, The Sex Killer of Brooklyn, The Nurse Girl Murder, The Long Island Railroad Massacre, The Thrill Kills Gang, and many more. From “Son of Sam” to “Son of Sal,” “Little Lepke” to “Big Paulie,” “The Butcher of Brooklyn,” “The Vampire of Brooklyn,” “The Gang Who Couldn’t Shoot Straight,” and even “The Man Who Murdered Brooklyn Baseball,” they’re all here. Much more than Murder Incorporated, this book features kingpins and lone wolves alike, with a line-up featuring many of the multi-ethnic mobs mimicking the original La Cosa Nostra—the Russian Mafia, the Albanian Mafia, the Polish Mafia, the Greek Mafia—in fact, this book contains more mafias than you can shake a bloody blackjack at. The author’s proprietary Notorious Brooklyn Index analyzes criminal activity, socio-economic type, notoriety, relation to Brooklyn and more for a final score that’s far from conjecture—though it will undoubtedly spark debate. Praise for Brooklyn’s Most Wanted “Never has anyone put together a look into so many of Brooklyn’s worst. This is a great read I highly recommend.” —Thomas Dades, retired NYPD detective, bestselling author of Friends of the Family “If you love all-things-Brooklyn like I do, this is an absolute must-read you need on your shelf. . . . A revealing, rousing, rip-roaring tour that will slice you right into the underbelly of New York City’s most historic borough.” —Ron Valdes, co-founder, Brooklyn Creative Partners

Bernard Madoff and His Accomplices

Author : Lionel S. Lewis
Publisher : Bloomsbury Publishing USA
Page : 342 pages
File Size : 42,5 Mb
Release : 2016-03-21
Category : Business & Economics
ISBN : 9798216052449

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Bernard Madoff and His Accomplices by Lionel S. Lewis Pdf

This is the first detailed study of how Bernard L. Madoff and his accomplices perpetrated a Ponzi scheme of epic proportions—what has been referred to as the "con of the century." In December 2008, Bernard L. Madoff was arrested for perpetrating a protracted Ponzi scheme of inconceivably huge proportions that defrauded clients of his securities company of nearly $20 billion—and was consequently sentenced to 150 years in jail. How did Madoff pull this off for years, even returning some or all of clients' money when they asked, while in actuality was financing the lavish lifestyles of himself, his family, and his accomplices with the stolen funds? And why didn't anyone in the highly regulated investment industry catch on sooner? Bernard Madoff and His Accomplices: Anatomy of a Con examines Bernard L. Madoff's unprecedented confidence game (con game), drawing back the curtain on what actually went on at his investment firm, Bernard L. Madoff Investment Securities, and exposing the day-to-day activities of his accomplices that enabled the elaborate con to succeed for as long as it did. Through the examination of court testimony and other court documents, the mechanics of the con game become clear, elucidating how Madoff's friends and employees hustled money from investors; the methods by which false records, monthly statements to investors, and other documents were manufactured and mass-produced; and how a multitude of felonies and the highest levels of fraud became everyday practices.

The Little Black Book of Scams

Author : Industry Canada,Competition Bureau Canada
Publisher : Competition Bureau Canada
Page : 45 pages
File Size : 41,9 Mb
Release : 2014-03-10
Category : Business & Economics
ISBN : 9781100232409

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The Little Black Book of Scams by Industry Canada,Competition Bureau Canada Pdf

The Canadian edition of The Little Black Book of Scams is a compact and easy to use reference guide filled with information Canadians can use to protect themselves against a variety of common scams. It debunks common myths about scams, provides contact information for reporting a scam to the correct authority, and offers a step-by-step guide for scam victims to reduce their losses and avoid becoming repeat victims. Consumers and businesses can consult The Little Black Book of Scams to avoid falling victim to social media and mobile phone scams, fake charities and lotteries, dating and romance scams, and many other schemes used to defraud Canadians of their money and personal information.

The Politics of Ponzi Schemes

Author : Marie Springer
Publisher : Routledge
Page : 324 pages
File Size : 42,7 Mb
Release : 2020-12-30
Category : Political Science
ISBN : 9780429869792

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The Politics of Ponzi Schemes by Marie Springer Pdf

In the space of three years, from 2009 to 2012 Bernie Madoff, Tom Petters and R. Allen Stanford were all convicted for running multi-billion dollar Ponzi schemes. These three schemes alone have had the largest financial take in U.S. history. But what role does the economy and legislation play in the occurrences of Ponzi schemes? What is the nature of Ponzi schemes and what are their tools and mechanisms? What can we know about Ponzi perpetrators? Unraveling the answers to these questions (and many more), Marie Springer provides the first representative portrait of Ponzi schemes, their perpetrators, and their victims. Adopting a multidisciplinary approach, she begins by presenting an overview of different types of Ponzi schemes. She later explores perpetrators and victims of Ponzi schemes followed by a close examination of economic trends, regulatory changes, and the financial relationship with Ponzi schemes. Other key features include: • A non-technical overview of both offender based and offense-based approaches of studying this form of fraud. • Examples of Ponzi schemes and Ponzi schemers. • A wealth of descriptive statistics on known federal cases from the 1960s until the present to quantify this specific form of fraud. Broadening our understanding of Ponzi schemes as a form of white-collar crime, The Politics of Ponzi Schemes provides an excellent foundation for students and practitioners of public administration, banking, as well as investors, finance and accounting, law enforcement officers, legislators and regulators.

The Decline Effect

Author : Dean Brooks
Publisher : FriesenPress
Page : 897 pages
File Size : 47,5 Mb
Release : 2024-07-01
Category : Mathematics
ISBN : 9781039151871

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The Decline Effect by Dean Brooks Pdf

A crisis is coming for everyone who uses math and science. For decades now, the classical model of probability (the indifference principle and the Gaussian distribution) has been breaking down and revealing its limitations in fields from economics to epidemiology. Now a new approach has revealed the underlying non-classical principle behind all these 'anomalous' laws: — Pareto’s law of elite incomes — Zipf’s law of word frequencies — Lotka’s law of scientific publications — Kleiber’s law of metabolic rates — the Clausewitz-Dupuy law of combat friction — Moore’s law of computing costs — the Wright-Henderson cost law — Weibull’s law of electronics failures — the Flynn Effect in IQ scores — Benford’s law of digit frequencies — Farr’s law of epidemics — Hubbell’s neutral theory of biodiversity — Rogers’ law of innovation classes — Wilson’s law of island biogeography — Smeed’s law of traffic fatalities The general law behind all these particular laws (and countless others) is the "decline effect". As a system ages or grows in size, the rules of probability subtly change. Entropy increases, rare items become rarer, and average performance measures decline. The human meaning of a decline may be positive (decreasing costs, falling epidemic mortality) or negative (lower customer loyalty, decreasing efficiency), but the mathematical pattern is always the same. The implications are enormous, as these examples show: All epidemic diseases decline in infectiousness and in lethality. HIV-AIDS went from a highly infectious, 95-percent fatal disease, to a survivable condition with a latency of decades. COVID-19 went from a death rate of 7 percent in early 2020, to under 2 percent in 2022. Hereditary dynasties around the world declined smoothly in lifespan, from hundreds of years to tens of years. When democracies replaced monarchies, the decline (in spans of party control) continued.

Strong Towns

Author : Charles L. Marohn, Jr.
Publisher : John Wiley & Sons
Page : 262 pages
File Size : 46,8 Mb
Release : 2019-10-01
Category : Business & Economics
ISBN : 9781119564812

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Strong Towns by Charles L. Marohn, Jr. Pdf

A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.