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A Hypothetical Ponzi Scheme Scenario

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Describe how you would orchestrate the white-collar crime of the Ponzi scheme. Describe the methods you will use, mention who your victims will be, why you selected these victims, and how you will approach them.

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Solution Summary

This solution gives the student a hypothetical scenario of how the Expert would figuratively operate a Ponzi scheme.

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First I would develop a faux business model for Investment Capital wherein capital is accumulated through inflated and altered accounting practices that allows me to give the illusion that my capital is larger than it really is. Next I would cultivate a scheme that would enable me to network with elderly individuals who possess wealth by attending events that are tailored toward my victim's demographic. Once at these functions I would personally display my inflated portfolio, business ...

Solution provided by:
Raushaun Rigsby, MSc
Education
  • Associates of Arts , Lone Star Community College
  • Bachelor of Science , Sam Houston State University
  • Masters of Science, Kaplan University
  • Masters of Science , Kaplan University
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