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Bernie Madoff’s Scheme Essays

Discuss How a Ponzi Scheme Works

A Ponzi scheme refers to a form of fraudulent investment where investors are enticed with little risk and high rates of return. Instead of paying off the old investors from the profits of their investments, a Ponzi scheme uses the funds raised from new investors. The scheme depends on a steady intake of new investors ... Read More
Pages: 5       Words: 1301
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