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Describe a common fraud scheme for investments

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Describe a common fraud scheme for investments and explain the controls that may be put in place to prevent the fraud.

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Describe a common fraud scheme for investments and explain the controls that may be put in place to prevent the fraud.

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One of the most common forms of investment fraud is a Ponzi scheme. The fraudster takes the client's money and promises big returns on the investment. The fraudster creates fraudulent documents to support their claim of high returns on investments. He or she then takes the victim's money, and ...

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