Ponzimonium: How Scam Artists are Ripping Off America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Ponzimonium: How Scam Artists are Ripping Off America write by Commodity Futures Trading Commission (U.S.). This book was released on 2012-01-20. Ponzimonium: How Scam Artists are Ripping Off America available in PDF, EPUB and Kindle. Fortunately, more than ever before, con artists are being apprehended and prosecuted. Federal, state and local law enforcement officials have reported enormous increases in tips and criminal activity since the economic calamity began in 2008. Cash redemptions are dangerous for Ponzi schemes, because when the money runs out, folks start talking. For example, at any one time, enforcement staff at the U.S. Commodity Futures Trading Commission (CFTC) are investigating anywhere between 750 and 1,000 individuals or entities for various violations of the law. Increases in tips and fraud cases have also occurred at the U.S. Securities and Exchange Commission (SEC), at the Federal Bureau of Investigation (FBI), in the states, and various localities around the world. The stories in this book are actual CFTC cases stemming from investigations that began with the economic downturn. These are real cases, real fraudsters, with unfortunately . . . very real victims. While, the fundamental nature of the writing in such files is, as you would imagine, very bureaucratic: this script is anything but bureaucratic. Commissioner Chilton has worked in public service for over a quarter of a century and has found that one of the most important things that can be done is to make government less puzzling and perplexing, less mysterious, and yes, less bureaucratic. While Commissioner Chilton can’t say there has been any monumental change in how folks see their government, over the years, Commissioner Chilton continues to try and do his part by communicating in a way that lets folks “in” on what is going on. This writing is an effort to continue that work. Commissioner Chilton hopes it will be a satisfying read, but more importantly, maybe some folks will avoid the tremendous tragedy that so many of our fellow citizens have endured.
Ponzimonium
Ponzimonium - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Ponzimonium write by Bartholomew H. Chilton. This book was released on 2011-10-25. Ponzimonium available in PDF, EPUB and Kindle. True stories of crime and punishment that will inform and educate anyone who wants to find out how to identify and avoid becoming entangled in an investment fraud.
Ponzimonium How Scam Artists Are Ripping Off America (Color)
Ponzimonium How Scam Artists Are Ripping Off America (Color) - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Ponzimonium How Scam Artists Are Ripping Off America (Color) write by Commodity Futures Commodity Futures Trading Commission. This book was released on 2015-01-07. Ponzimonium How Scam Artists Are Ripping Off America (Color) available in PDF, EPUB and Kindle. In December of 2008, the world learned that legendary investment guru Bernard Madoff made-off with an estimated $50 billion in what was called the "Mother of all Ponzi Schemes." Ponzi schemes, named after Charles Ponzi, are scams in which early "investors" are given supposed returns paid through funds provided by later investors. Typically, an investment is made and then some "profits" are paid out, prompting the investor to assume that his or her money has increased in value. In actuality, the perpetrators of these schemes-Ponzi, Madoff, or the others described in this book-take the money for themselves. The legal term for this kind of taking is "misappropriation." As new investors enter the fraud, supposed returns are offered continually to initial investors, and many times are accompanied by fake account statements. This continues until new money stops flowing in and the investors want their money back. During the 2008 economic downturn, people needed their money back at the same time that there were no new investors. Many "house of cards" scams have fallen and the perpetrators of the swindles have been caught. Charles Ponzi ran these types of scams in the U.S. until he was deported to Italy, his birth-place, in 1934 as an "undesirable alien."
Ponzimonium
Ponzimonium - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Ponzimonium write by U.S. Commodity Futures Trading Commission (CFTC). This book was released on 2016-04-19. Ponzimonium available in PDF, EPUB and Kindle. Ponzimonium is a book chock-full of advice to educate investors on the scam artists ripping off America. The primary message is that investors should not spend on unregulated companies or individuals who trade unregulated markets—background checks are priceless. The book tells provocative stories such as that of Darren Potter, who cleverly categorized investments in his program as “loans” and ironically became a victim himself of a Ponzi scheme. There is an “Investor Bill of Rights” that pushes investors to question fund lock-up clauses and warns them to be careful of those who do not properly explain obligations and fund expenses, require additional investment capital at a future point in time, or have not appropriately disclosed all risks. Some of the red flags called out in Ponzimonium include a fund’s need for secrecy and whether there are abnormal methods of accepting investments or whether conducting independent research on the fund is difficult. This is a must-read for anyone new or old to investing and the pitfalls that could make or break your bank.
Free Government e-Resources for Youth
Free Government e-Resources for Youth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Free Government e-Resources for Youth write by Dorothy Ormes. This book was released on 2016-08-15. Free Government e-Resources for Youth available in PDF, EPUB and Kindle. Specifically focusing on the resources on federal government available online, this book supports the education of young citizens and supplies directions for conducting programs for youth on the government. Government documents offer a wealth of useful information that is often ignored or misinterpreted—even by librarians. And while improved search engines have improved access to online documents in recent years, patrons—especially young people—typically need help navigating and understanding the sites. Free Government e-Resources for Youth helps librarians promote online government information to youth and to assist youth in using it to become informed and educated about our federal government and how it works. Author Dorothy Ormes—a Federal Depository Library Program librarian at the university level—has created a guide to government resources that public and school librarians can use to support the education of young citizens. The book covers various areas of K–12 curriculum, highlighting activities and lesson plans based on national and state standards, and gives helpful directions for creating displays and conducting programs for youth on the government. The book also provides a brief explanation of the Federal Depository Library Program (FDLP) and describes how a public library can work with FDLP librarians or take advantage of an unprecedented opportunity to join the FDLP as active participants and benefit the community.
