Category Archives: Investment Fraud
What is a Ponzi Scheme?
A Ponzi scheme is a type of investment fraud operation that originated in 1920 when it was first carried out by businessman Charles Ponzi. In a Ponzi scheme, the fraud operator pays returns to investors with money raised through new investors, rather than through the operation’s profits. This is because the operation turns no… Read More »
What is Investment Fraud?
Fraud comes in many forms. Insurance fraud, computer fraud, charity fraud, and precious metals fraud are all types of fraud that thousands of Americans fall victim to every year. But what about investment fraud? How can you tell if you have become a victim of this type of fraud? It can be almost impossible… Read More »
What to Do If You Are a Victim of a Pyramid Scheme
Anybody can become a victim of a pyramid scheme. Pyramid schemes are rampant in the United States and can be found offered over the internet, over the telephone, and in print publications. You might even become involved with a pyramid scheme through word of mouth from a friend or relative. Pyramid schemes are illegal… Read More »