• What is a Ponzi scheme? A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors to create the false appearance that investors are profiting from a legitimate business. Securities and Exchange Commission
• Don't only naive people get involved in a Ponzi scheme? A Ponzi scheme is an intricate we ensnaring investors, professionals, officers, directors, and countless other individuals and entities. The Ponzi Book
• Doesn't the Receiver represent me? A court appointed Receiver, although an ally, does not represent Ponzi scheme victims. The Receiver’s duties include: a) Secure the assets of the company or entity; b) Realize the assets of the company or entity; c) Manage company affairs to pay debts; d) Run the company to maximize the value of the company's assets, sell the company as a whole, or sell part of the company and close unprofitable divisions. The Ponzi Book
• Won't the Receiver recover my money? There are no winners in Ponzi schemes. The Internal Revenue Service has recognized the dire situation typically befalling a Ponzi scheme victim, allowing the deduction of up to 95% of Ponzi losses - thus implicitly acknowledging that the typical recovery is rarely higher than pennies on the dollar. Ponzi Tracker