Category: Ponzi Schemes

Current Economy is a Breeding Ground for Ponzi Schemes

Jun 15, 2017 / Ponzi Schemes

Places like Naples and Palm Beach have always been fertile ground for Ponzi Scheme operators to work and steal. An extended period of reasonably good economic activity, such as the times in which we currently live, create the best climate for Ponzi scheme operators to work. In difficult economic times, investors are naturally skeptical about where they put their money. However, in better economic times – especially during extended periods […]

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How to Protect Yourself From Ponzi Schemes

May 19, 2017 / Ponzi Schemes

A Ponzi scheme is an investment scam meant to attract large investments with the promise of even larger returns, but the one running the scheme essentially takes the money and runs. It is very important for prospective investors to recognize the signs of a Ponzi scam before agreeing to invest because once invested, the money can be difficult to recover. The Inventor of the Ponzi Scheme The term “Ponzi scam” […]

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