History
Ponzi Schemes are named after this man
Who is Charles Ponzi
One way to detect a Ponzi Scheme
what is "too good to be true"
2nd degree murder is a charge you may face when being convinced of a Ponzi Scheme
what is false
A scheme is done by an individual person
what is a ponzi scheme
How old are your kids?
The name of the man that came before Charles Ponzi
who is Leo Koretz
Ponzi schemes good be compared to this type of group
what is a cult
You can be convinced of a Ponzi scheme and not face jail time
This scheme runs on investors recruiting other investors
What is a Pyramid scheme
God Bless _________
The United States of America
How many years did Leo Koretz run his Ponzi Scheme
You can tell this it is a Ponzi scheme between Ponzi Schemes are always secret _______ plans and the person running the scheme won't be transparent with you if it is a scam
what is investment
Bernie Madoff faced this many years and prison
what is 150 years
This scheme is harder to prove
what is a pyramid scheme
his favourite food
BBQ Salmon
Leo Koretz changed him name to this
what is Lou Keyte
Avoiding investments you do not understand is a good rule of ______
what is thumb
Why it is so hard to prove and press charges against the creator of a ponzi scheme
there are a lot of grey areas/ it is ambiguous
This scheme is better protected
What is a pyramid scheme
Kids, my ____ is kicking in
ADHD
Charles Ponzi faced this many counts of mail fraud
A missed payment and a ____________ are red flags of a Ponzi scheme
what is a non cashable cheque
3 charges you can potentially face for running a Ponzi Scheme
securities fraud, investment adviser fraud, mail fraud, wire fraud, money laundering, false statements, perjury,
Each investor is paid out by whoever is in charge of the operation
What is a ponzi scheme
Watch, washing machine, BBQ