A Ponzi Scheme– everyone has heard of the term thanks to Bernie Madoff and other fraudsters, but do you really know what it means? Where the idea came from? How did it operate? Who was the man whose name Ponzi lives in infamy? This presentation will cover
A Ponzi Scheme– everyone has heard of the term thanks to Bernie Madoff and other fraudsters, but do you really know what it means? Where the idea came from? How did it operate? Who was the man whose name Ponzi lives in infamy? This presentation will cover the 1920’s scams of Carlo Ponzi in Boston and other fraudsters, including a man who sold the Brooklyn Bridge and another who sold the Eiffel Tower. More recent scams by Bernie Madoff, Elizabeth Holmes and cryptocurrency fraudsters will also be discussed. Learn what you can look for to avoid becoming a victim!