EuSpRIG and Ponzi scheme: Difference between pages

Revision as of 01:06, 29 December 2020

Fraud - investment.

A Ponzi scheme is a type of investment fraud.

An illusion of high rates of investment return is created by making payments to early investors out of the proceeds from later investments.

This is an unsustainable structure, dependent for its continuation on attracting ever-larger numbers of investors.

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-The European Spreadsheet Risks Interest Group.
+''Fraud - investment.''
-Established in 1999 to promote information, action, conferences and other dialogue on spreadsheet risk management.
+A Ponzi scheme is a type of investment fraud.
-(Pronounced ''yewsprig''.)
+An illusion of high rates of investment return is created by making payments to early investors out of the proceeds from later investments.
+This is an unsustainable structure, dependent for its continuation on attracting ever-larger numbers of investors.
 == See also ==
-* [[Financial modelling]]
+* [[Fraud]]
-* [[Guide to risk management]]
+* [[Pyramid selling]]
-* [[Spreadsheet risk]]
+* [[Misrepresentation]]
+[[Category:The_business_context]]
+[[Category:Investment]]
+[[Category:Identify_and_assess_risks]]
+[[Category:Manage_risks]]
+[[Category:Financial_products_and_markets]]