Ponzimonium: How Scam Artists Are Ripping Off America
(eBook)

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Published
Skyhorse, 2016.
Format
eBook
Language
English
ISBN
9781510707924

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Citations

APA Citation, 7th Edition (style guide)

Various Authors., & Various Authors|AUTHOR. (2016). Ponzimonium: How Scam Artists Are Ripping Off America . Skyhorse.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Various Authors and Various Authors|AUTHOR. 2016. Ponzimonium: How Scam Artists Are Ripping Off America. Skyhorse.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Various Authors and Various Authors|AUTHOR. Ponzimonium: How Scam Artists Are Ripping Off America Skyhorse, 2016.

MLA Citation, 9th Edition (style guide)

Various Authors, and Various Authors|AUTHOR. Ponzimonium: How Scam Artists Are Ripping Off America Skyhorse, 2016.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work ID383b5fc8-e0eb-b9de-645f-0fdf040cf8c0-eng
Full titleponzimonium how scam artists are ripping off america
Authorauthors various
Grouping Categorybook
Last Update2024-02-29 09:11:11AM
Last Indexed2024-05-04 02:54:43AM

Book Cover Information

Image Sourcehoopla
First LoadedOct 13, 2022
Last UsedOct 13, 2022

Hoopla Extract Information

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    [synopsis] => Ponzimonium is a book chock-full of advice to educate investors on the scam artists ripping off America. The primary message is that investors should not spend on unregulated companies or individuals who trade unregulated markets-background checks are priceless. The book tells provocative stories such as that of Darren Potter, who cleverly categorized investments in his program as "loans" and ironically became a victim himself of a Ponzi scheme. There is an "Investor Bill of Rights" that pushes investors to question fund lock-up clauses and warns them to be careful of those who do not properly explain obligations and fund expenses, require additional investment capital at a future point in time, or have not appropriately disclosed all risks. Some of the red flags called out in Ponzimonium include a fund's need for secrecy and whether there are abnormal methods of accepting investments or whether conducting independent research on the fund is difficult. This is a must-read for anyone new or old to investing and the pitfalls that could make or break your bank.
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