Analysis of the Biggest Ponzi Scheme

被引:0
|
作者
Holtfreter, KL [1 ]
机构
[1] Cent Washington Univ, Ellensburg, WA 98926 USA
来源
PROCEEDINGS OF THE TWENTY-SEVENTH ANNUAL MEETING OF THE WESTERN DECISION SCIENCES INSTITUTE | 1998年
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D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
A Ponzi Scheme is a swindle where money collected from late investors is used to pay off the early investors. Nothing is ever drilled, dug or manufactured-except money for the charlatan. The term comes from 1920s swindler Charles Ponzi, an Italian immigrant who managed to fleece suckers of more than $15 million. Reporter David McClintick called the Home-Stake Production Company scandal the '"Biggest Ponzi Scheme." This paper identifies key figures and answers the question: Does the Home-Stake case constitute white collar crime or organized crime?*
引用
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页码:110 / 110
页数:1
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