Securities fraud covers a wide range of scams, from insider trading to pyramid schemes to boiler room sales tactics. It can seem overwhelming. But you can learn to spot the telltale signs of securities fraud. Be a skeptic Con artists offer high returns with little risk. They come prepared with an elaborate story that seems to explain it all—like the government and Wall Street … [Read more...]
What’s the Difference Between a Ponzi Scheme and a Pyramid Scheme?
Both considered types of financial fraud, ponzi and pyramid schemes are quite different in several important areas. The main differences can be found in how the schemes are organized and how many people are involved. Ponzi schemes are built entirely from the ground up. They’re often very difficult to detect since the fraudulent individual takes great care to hide the truth … [Read more...]
