At The Close | JUN 2009
At The Close by L.A. Little
At The Close by L.A. Little The name of Charles Ponzi, the Boston financier and swindler, has come to symbolize the idea of fraudulent investment operations where investors are paid handsome returns by subsequent investors rather than from profits. This activity is known elsewhere as illegal pyramiding, but whatever the name, a Ponzi scheme is where the victim of the scheme is forever separated from his or her money by underhanded means. The victim’s greed gets the best of them and the swindler takes advantage. AVOID BEING A VICTIM. WALK AWAY. With so many large-scale Ponzi schemes coming to light as a result of these turbulent times (with Bernard Madoff and R. Allen Stanford recent names in the headlines), it is a good time to consider how you can easily avoid being victimized by this type of investment fraud. It is not that difficult.
by L.A. Little
Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982
has had over 1,226,237 subscribers from 174 different countries.
37,000 Page Traders’ Archive for $89.99
To continue reading, sign-up for trial access to Traders.com and the S&C Archive — 37,000 pages of trading ideas!
After verifying your email address, you will have limited access to the S&C Archive, as well as access to a Digital Edition of S&C, and access to Traders.com Advantage and Working Money for 30 days.
Not a subscriber to Technical Analysis of
STOCKS & COMMODITIES magazine?
Click
here to subscribe, or request
a trial subscription.
Log-in now to view articles from the S&C Archive.
Your Subscriber ID is located at the top of your magazine label, highlighted here in red.
Your last name can be found on the second line, highlighted here in blue.
*If you have a company name on the label, that can also be used. It will appear below your name on the label.
If you do not have a Subscriber ID on your label, you can find it on your statement or renewal form.
For help locating your Subscriber ID number, please call us at 1-800-832-4642 or send an email to Survey@Traders.com. If sending an email, please include your name and mailing address.