Ponzi 101
What is a Ponzi Scheme
Fraudulent investment scam where early investors are paid with money from new investors
T/F Ponzi schemes hate govt. investigations
True
MMM ponzi scheme-Russian founder promised investors huge return, it collapsed. Foounder tried multiple times
PONZI!
This Netflix series features a fraudster similar to Ponzi scheme operators who cons New York elites.
Inventing Anna
The lead charge that gets assigned to people who are apart of ponzi schemes
Fraud
Who is the Ponzi Scheme named after?
Charles Ponzi
If an investment is too good to be true, it is this.
Red Flag/Warning/Don't be dumb
Kevin Malone’s ponzi- Kevin claimed he doubled his money in an investment with a company in Scranton, PA
NOPONZI, Kevin didn't realize it either
In the movie The Wolf of Wall Street, this real-life fraudster ran a pump-and-dump scheme that had Ponzi-like elements.
Jordan Belfort
Besides the SEC, this organization investigates ponzi scheme cases.
The FBI
Ponzi schemes collapse when this dries up?
New Investor Money
List an example of what a ponzi scheme looks like from the investors point of view.
Can't take money back out/Aren't able to view holdings/Gets paid way too late/False profits
Dawn Bennett’s Luxury Lifestyle Ponzi- A woman who scammed investors while spending their money on luxury goods and spells to keep the SEC away.
PONZI
This HBO show about a wealthy but corrupt family featured a Ponzi scheme subplot in its later seasons.
Succession
Bernie Madoff received this many years in prison. (Over 80)
150 years
The U.S. government agency most often responsible for investigating Ponzi schemes.
SEC
Ponzi schemes often delay payments by giving people fake versions of this.
Profits
Enduras Capital- Current real estate agency who is under investigation for a ponzi scheme related to raising money to buy real estate.
NOPONZI, we love Whitson!
In Breaking Bad, this man ran a fake investment company to hide drug money.
Dennis Markowski
If someone accidentally makes money from a Ponzi scheme, they might have to do this.
Pay it back
Unlike Ponzi schemes, this type of fraud involves no actual investments at all and is based purely on recruitment.
Ponzi scheme companies tend to reject these, where outside sources come in to check its finances.
Audits
!!!!!!!!Daily Double!!!!!!!!!
I played D1 collegiate tennis, and haven't been apart of a ponzi scheme.
Brian Holland
This true-crime podcast-turned-TV show is about Elizabeth Holmes and her fake company.
The Dropout
T/F Brian Holland was accused of a ponzi scheme with the RIF, and was given a double life sentence.
False