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What is a ponzi scheme

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Problem 1: What is a Ponzi Scheme? (Give a comprehensive background of its history). - Research and present at least THREE cases of Ponzi schemes in US.

Problem 2: How did these Ponzi schemes occur? Which parties were involved? How were those on the "other end" (investors) of the Ponzi scheme affected?

Problem 3: What happened to the Ponzi perpetrator(s) and those negatively affected? - Please provide your opinion on these cases. In your opinion, do you think these situations could have been avoided? If so, apply two or three topics you have learned throughout the course.

Reference no: EM132663831

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