Manage episode 250176990 series 1019986
Ponzi schemes are a form of investment fraud that date back to 1919 (and maybe longer ago). What is a Ponzi scheme? How does a Ponzi scheme work and why does it fail every time? How do you identify steps to take? What happens if you begin to find yourself inside a Ponzi scheme? How to Avoid a Ponzi scheme. We discuss this topic with Rich Lennon and share perspectives and opinions but we do not provide legal advice. If you find yourself in a Ponzi scheme you should find a great lawyer to help you.
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