Understanding Ponzi Schemes: Can Better Financial Regulation Prevent Investors from Being Defrauded?

by Mervyn K Lewis and Mervyn K. Lewis

A Ponzi scheme is one of the simplest, albeit effective, financial frauds to engineer, and new schemes keep coming forward. Despite this, however, people continue to invest in them. How are we to account for the seemingly never-ending lure of such schemes? In providing answers to this central question, this concise and well-researched book examines how Ponzi schemes operate, how they differ from pyramid schemes, Ponzi finance and other financial arrangements...

• Format: Hardcover
• Language: English
• ISBN: 1782549099
• ISBN13: 9781782549093
• Release Date: December 2015
• Publisher: Edward Elgar Publishing
• Length: 200 Pages