Description: Ponzimonium : How Scam Artists Are Ripping Off America, Paperback by Commodity Futures Trading Commission (COR), ISBN 1510707883, ISBN-13 9781510707887, Brand New, Free shipping in the US 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. Th 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.
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Book Title: Ponzimonium : How Scam Artists Are Ripping Off America
Number of Pages: 108 Pages
Language: English
Publisher: Skyhorse Publishing Company, Incorporated
Publication Year: 2016
Item Height: 0.4 in
Topic: Personal Finance / Investing, White Collar Crime, Economic Conditions, Investments & Securities / General
Genre: True Crime, Business & Economics
Item Weight: 4.1 Oz
Author: U.S. Commodity Futures Trading Commission (Cftc)
Item Length: 8 in
Item Width: 5 in
Format: Trade Paperback