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    Ponzi Scheme: Learn to detect scams and take care of your money
    Ponzi Scheme: Learn to detect scams and take care of your money
    Ponzi Scheme: Learn to detect scams and take care of your money
    Ebook40 pages23 minutes

    Ponzi Scheme: Learn to detect scams and take care of your money

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    About this ebook

    Avoid scam investments

    This book is a practical and accessible guide to understanding Ponzi schemes, providing you with the essential information and saving time.

    In 50 minutes you will be able to:

       • Learn about the inspiration behind the scheme, Charles Ponzi, and how he fraudulently pocketed profits on postage stamps while deceiving his investors
       • Follow our advice on how to avoid Ponzi schemes and make the right investment
       • Understand why the Ponzi scheme has appeared in all parts of the world right up to today by looking at some more recent examples

    ABOUT 50MINUTES.COM | Management & Marketing


    50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.

    LanguageEnglish
    Publisher50Minutes.com
    Release dateSep 17, 2015
    ISBN9782806268457
    Ponzi Scheme: Learn to detect scams and take care of your money

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      Book preview

      Ponzi Scheme - 50minutes

      Key information

      Names: Ponzi scheme, Ponzi pyramid, Ponzi system.

      Uses: the Ponzi scheme is a fraudulent financial package which pays investors on the basis of funds provided by new entrants.

      Is it successful? Performance is only guaranteed when new investments are fuelling the pyramid. Its viability is called into question when the incoming funds can no longer pay early investors.

      Key words:

      Currency devaluation: loss of value of a currency relative to others. For example, if today one euro is needed to buy one dollar (1€ = $1) and tomorrow the US Central Bank decides to devalue its currency, the dollar will cost less than one euro. Following this logic, for that same one euro, I will receive an amount greater than one dollar (1€ = $1.20). Currency devaluation generally leads to decreasing imports (the country whose currency was devalued will buy less externally, as this will cost more, but it will export more because other countries will be interested in buying its products for lower prices).

      Financial structure: process under constraints that combines financial techniques in order to reach a financial objective.

      Foreign currency: the currency of one country compared to that of another.

      Funds or investment companies: a company which manages and owns portfolios of financial assets (stocks, bonds, etc.). Investors are the

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