Friday, April 22, 2016

OCHN: How "sophisticated" financial managers operate personal Ponzi schemes

In its simplest form, a personal Ponzi scheme is borrowing money to pay debt service: acquiring new debt to pay old debt. It’s a path to disaster.

What is a personal Ponzi scheme? Aren’t Ponzi schemes the advanced financial management crime of sophisticated money managers like...
How "sophisticated" financial managers operate personal Ponzi schemes



No comments: