Ponzi Schemes & Pyramid Scams
Raymon Ram, Certified Fraud Examiner & Anti-Money Laundering Specialist, Graymatter Forensic Advisory
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You’ve probably heard of pyramid and Ponzi schemes. They’re deceptive investment models that promise high returns but ultimately collapse, leaving unsuspecting and often vulnerable participants with significant losses. But how exactly does a pyramid scheme work?
Image Credit: Shutterstock
Produced by: Dashran Yohan
Presented by: Dashran Yohan
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Categories: young finance