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The Ponzi Scheme Puzzle
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The Ponzi Scheme Puzzle: A History and Analysis of Con Artists and Victims

Tamar Frankel

Abstract

Charles Ponzi perpetrated his infamous scheme almost a hundred years ago. But his method of using new investments to pay existing investors and finance a highflying lifestyle is alive and well: just as much money is lost in the United States today from Ponzi schemes as from shoplifting. Somehow, con artists are able to dazzle wealthy, educated individuals and sophisticated institutions and convince them to hand over huge sums of money. How? This book explores these con artists' fascinating power of persuasion and deception, uncovering the subtle signals that mimic truth and honesty. After year ... More

Keywords: Charles Ponzi, new investments, finance, Ponzi schemes, deception, con artists, victims

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780199926619
Published to Oxford Scholarship Online: April 2015 DOI:10.1093/acprof:osobl/9780199926619.001.0001

Authors

Affiliations are at time of print publication.

Tamar Frankel, author
Professor of Law, Boston University School of Law