Understanding Ponzi Schemes: Can Better Financial Regulation Prevent Investors from Being Defrauded?

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A Ponzi scheme is one of the simplest, albeit effective, financial frauds to engineer, and new schemes keep coming forward. Despite this, however, people continue to invest in them. How are we to account for the seemingly never-ending lure of such schemes? In providing answers to this central question, this concise and well-researched book examines how Ponzi schemes operate, how they differ from pyramid schemes, Ponzi finance and other financial arrangements.

Format:Hardcover

Language:English

ISBN:1782549099

ISBN13:9781782549093

Release Date:December 2015

Publisher:Edward Elgar Publishing

Length:200 Pages

Related Subjects

Business Business & Investing Economics Law

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Understanding Ponzi Schemes: Can Better Financial Regulation Prevent Investors from Being Defrauded?

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