Explore BrainMass

Bernie Madoff Case Study - Ponzi Schemes

If you were in the position to recommend an investment advisor, how would you make sure that you did not become the victim of a Ponzi scheme or other financial fraud?

Solution Preview

The key to recommending a good investment advisor is transparency. Due to the Madoff scandal, there is a significant amount of oversight that was not there in the beginning. However, the potential still exists for someone to ...

Solution Summary

The solution discusses how you would avoid a Ponzi scheme.