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A good Ponzi Scheme has a few things to draw you in
1st A good return (usually more than "market") and good operators make the promised return high enough to generate "BUZZ" but low enough not to appear unreasonable
2nd Others have invested (joined) and are receiving their returns as promised (A key feature of the Ponzi)
3rd They are normally fronted by good salesmen
4th and most important they have a good cover story to explain the high returns
EG: If i promise 100 % return per annum by making and selling chocolate ice cream in Nunavut during winter I am unlikely to get many investors (suckers in a ponzi scheme)
OR if I offer 100% per annum by buying and selling Natural gas, or oil or gold and present a believable front I may be able to generate the needed "BUZZ"
The Ponzi Scheme operators are very often not found out unless
A: Some one gets suspicious
B: The Scheme finally collapses
What else can I help you with?
What are some examples of situations in which business ethics play a role in the financial management process?
ponzi schemes enron pyramid schemes have no ethics so if you get in on the ground floor you can make big $$ if you are skilled you can hide the $$ and get it back after 7 years politics has the same rewards no ethics and no fear of jail time unless of course you dont pay back the front money Richard Nixon henry ford had ethics but he died and corporations took over
How does vacuum forming work?
i dont know and i dont care
Why do banks bank?
because if they dont bank they dont get money, and there will be no banks
What are type of production in a bakery?
i dont know so dont ask.
What is omgxd?
It is a pass word stealing website. dont go on it, dont do anything on it.
Is Zeek rewards a good investment?
NO!! dont do it.. its a part of a 600 million dollar Ponzi scheme.
How do you recognize ghosts?
you dont they dont exist.
Why does it say it doesn't recognize you email?
i dont no
How can you recognize a liar?
when she\he talks to you and dont look in to your eyes
How do you recognize nucleic acids on a food label?
you dont
What is the second sign of madness?
When you dont recognize it anymore.
Does America recognize the marriage contract of a non resident?
no coz they dont need to
What causes the Mississippi bubble to burst?
the company of the west could not attract investors
How do you make your blaupunkt stereo in your focus recognize the ipod harness as an aux in?
i got the harness to use my ipod in my '03 focus, but i dont know how to make the stereo recognize it. Help!?
Who does not recognize the existence of god?
People who do not recognize the existence of god are know as Atheist, which is from the base word theist(One who believes in a god or greater entity). Buddhists also dont believe in a "god".
On TV why do criminals cover their face?
i think so that people who watch tv dont recognize them or something idk
Do rabbits recognize old places?
well you never know cause they can not talk to you . and i dont think their memory is that good .
