You Can't Cheat an Honest Man: How Ponzi Schemes and Pyramid Frauds Work and why They're More Common Than EverSilver Lake Publishing, 1998 - 354 páginas This book takes an investigative look at the reasons why Ponzi schemes and pyramid frauds are thriving today. It closely examines why over 100,000 Americans are suckered into the schemes every year. Using dozens of memorable case studies, from Charles Ponzi's original scam in the 1920s to the elaborate New Era philanthropy fraud of the 1990s, the book scrutinizes the mechanics behind these deceptive plots. It considers the underlying factors, financial and psychological, that pump life into the scams. It also takes a close look at regulatory rules and other legal issues. Most importantly, it describes the modern variations that perpetrators and swindlers use to sell their schemes. Tips are offered to detect schemes and respond when they occur. The book aims to educate consumers and make them aware of how financial scams work.--From publisher description. |
Contenido
| 1 | |
| 19 | |
| 29 | |
A Better Mousetrap Makes a Good Scam | 39 |
Paying First Class Traveling Steerage | 49 |
1040Ponzi | 61 |
Surething Investments and Sweetheart Loans | 71 |
Precious Metals Currency and Commodities | 87 |
Loneliness Fear and Desperation | 167 |
Contemporary Variations Chapter 14 Multilevel Marketing | 183 |
Faith Religion and New Age Gurus | 203 |
Charities and NotforProfit Organizations | 217 |
www ponzischeme com | 231 |
What to Do if Youve Been Scammed Chapter 18 Make Friends with the Regulators | 243 |
Go After the People Who Got Money Out | 257 |
Go After the Lawyers and Accountants | 273 |
Affinity Scams | 101 |
Why the Schemes Work Chapter 9 Trust | 117 |
Greed | 131 |
Family Ties | 149 |
Secrecy and Privacy | 155 |
Go After Banks and Financiers | 287 |
Fight Like Hell in Bankruptcy Court | 305 |
Conclusion The Mother of All Ponzi Schemes | 319 |
Index | 322 |
Términos y frases comunes
accounts agents alleged Amway argued assets attorney bank bankruptcy Bennett bogus bond burned investors California cash charges checks Church claimed clients commissions commodities company’s coupons creditors criminal deal defraud distributors dollars Donahue Douglas early Elliott federal court Feds fees filed Foos fraud fraudulent conveyance fraudulent transfer funds greedy Home-Stake impostor syndrome income Internet inves investigation investment involved Lampert Landbank lawsuit lawyer legitimate limited partnerships loans mail fraud marketing Matewan ment million months mortgage multi-level marketing Nu-Concepts offered operation paid participants payments percent person pitch Ponzi investors Ponzi perps Ponzi scheme prison profits promised purchase pyramid scheme Rasheed real estate received recruit says scam scheme collapsed selling sentenced Social Security sold started tax shelters Taylor things tion tors trading Trudeau trust U.S. Attorney usually Weyerhaeuser who'd
Pasajes populares
Página 24 - ... whether the efforts made by those other than the investor are the undeniably significant ones, those essential managerial efforts which affect the failure or success of the enterprise.
Página 6 - ... They were all of one class, actuated by the same purpose to save themselves from the effect of Ponzi's insolvency. Whether they sought to rescind, or sought to get their money as by the terms of the contract, they were, in their inability to identify their payments, creditors, and nothing more. It is a case the circumstances of which call strongly for the principle that equality is equity, and this is the spirit of the bankrupt law.