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
关键词
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
收藏
页码:110 / 110
页数:1
相关论文
共 50 条
  • [31] Detection of Ponzi scheme on Ethereum using machine learning algorithms
    Ifeyinwa Jacinta Onu
    Abiodun Esther Omolara
    Moatsum Alawida
    Oludare Isaac Abiodun
    Abdulatif Alabdultif
    Scientific Reports, 13
  • [32] Navigating Cryptocurrency Security: Insights into Bitcoin and Ponzi Scheme Vulnerabilities
    Pham, Jack
    Ferdouse, Lilatul
    Sultana, Ajmery
    27TH IEEE/ACIS INTERNATIONAL SUMMER CONFERENCE ON SOFTWARE ENGINEERING ARTIFICIAL INTELLIGENCE NETWORKING AND PARALLEL/DISTRIBUTED COMPUTING, SNPD 2024-SUMMER, 2024, : 217 - 221
  • [33] Ethereum Ponzi Scheme Detection Based on PD-SECR
    Zhang, Shuhui
    Lan, Tian
    Wang, Lianhai
    Xu, Shujiang
    Shao, Wei
    SECURITY AND COMMUNICATION NETWORKS, 2022, 2022
  • [34] Hearing from the Forgotten Victims: A Content Analysis of the Consequences of Bernard L. Madoff's Ponzi Scheme
    Homer, Emily M. M.
    Jalain, Caroline I. I.
    Hoover, Kaitlyn B. B.
    VICTIMS & OFFENDERS, 2023, 18 (07) : 1335 - 1353
  • [35] Detecting Ethereum Ponzi Scheme Based on Hybrid Sampling for Smart Contract
    Qu, Yuanjun
    Si, Xiameng
    Kang, Haiyan
    Zhou, Hanlin
    CMC-COMPUTERS MATERIALS & CONTINUA, 2025, 82 (02): : 3111 - 3130
  • [36] Turning Winners into Losers: Ponzi Scheme Avoidance Law and the Inequity of Clawbacks
    Nelson, Karen E.
    MINNESOTA LAW REVIEW, 2011, 95 (04) : 1456 - 1489
  • [37] The U.S. System of Social Security: Emphatically Not a Ponzi Scheme
    Skidmore, Max J.
    POVERTY & PUBLIC POLICY, 2010, 2 (04): : 161 - 168
  • [38] Unravelling the "Ponzi Scheme"? A Different Approach to Graduate Education in German Studies
    Boehringer, Michael
    SEMINAR-A JOURNAL OF GERMANIC STUDIES, 2014, 50 (02) : 142 - 148
  • [39] Ponzi scheme like investment schemes in India - causes, impact and solution
    Bhadra, Shubhasree
    Singh, Kamakhya Narain
    JOURNAL OF MONEY LAUNDERING CONTROL, 2024, 27 (02): : 348 - 362
  • [40] Ponzi Scheme Identification of Smart Contract Based on Multi Feature Fusion
    Jiang, Xiaoxiao
    Xie, Mingdong
    Wang, Shulin
    Yang, Sheng
    ADVANCED INTELLIGENT COMPUTING TECHNOLOGY AND APPLICATIONS, ICIC 2023, PT IV, 2023, 14089 : 3 - 14