Describe how ponzi scheme works

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(a) Describe how a Ponzi scheme works. (b) How much, if at all, do you think the Sarbanes-Oxley Act reduces the likelihood of future Ponzi schemes among U.S. companies? Support your answer with specifics.

Reference no: EM13844045

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Describe how ponzi scheme works : (a) Describe how a Ponzi scheme works. (b) How much, if at all, do you think the Sarbanes-Oxley Act reduces the likelihood of future Ponzi schemes among U.S. companies? Support your answer with specifics.

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