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. The book 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.
- 108 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
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Information
Topic
Personal DevelopmentSubtopic
Personal FinanceTable of contents
- Cover
- Title Page
- Copyright
- Contents
- About the U.S. Commodity Futures Trading Commission (CFTC)
- Foreword
- Introduction
- One: No Client will Ever Lose a Penny
- Two: A Friend to Fraud
- Three: We Want You to Get to Know Us
- Four: Ossie: An Extraordinary Liar
- Five: The Un-Coolest Guy in the Room
- Six: It Was Just a Loan!
- Seven: I’m a Believer
- Eight: The Magician
- Nine: A Car to Match Every Outfit
- Ten: An Unfortunate Loss
- Epilogue
- Next Steps
- Investors’ Bill of Rights
- Red Flags of Fraud
- Resources
- Investor Checklist
- Endnotes
- About the Author
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Yes, you can access Ponzimonium by in PDF and/or ePUB format, as well as other popular books in Personal Development & Personal Finance. We have over 1.5 million books available in our catalogue for you to explore.