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Ponzi Schemes

Occasionally I have written about investment frauds.  My last post on this topic was on November 27 and is found here:

http://www.economicgreenfield.com/2009/11/27/investment-frauds/

Here is a story from December 28 titled “Ponzi collapses nearly quadrupled in ’09″:

http://finance.yahoo.com/news/AP-Ponzi-collapses-nearly-apf-898755198.html?x=0&sec=topStories&pos=4&asset=&ccode

While I find this article’s statistics to be of interest, I do not necessarily agree with some of its commentary.

Of course, there are many types and permutations of investment frauds, of which Ponzi schemes are just one type.

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SPX at 1132.99 as this post is written

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This entry was posted on Tuesday, January 5th, 2010 at 7:25 am and is filed under Investor. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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