The Politics of Ponzi Schemes
Springer, Marie
Sold by -OnTimeBooks-, Phoenix, AZ, U.S.A.
AbeBooks Seller since 9 March 2023
Used - Soft cover
Condition: Used - Good
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Add to basketSold by -OnTimeBooks-, Phoenix, AZ, U.S.A.
AbeBooks Seller since 9 March 2023
Condition: Used - Good
Quantity: 1 available
Add to basketA copy that has been read, remains in good condition. All pages are intact, and the cover is intact. The spine and cover show signs of wear. Pages can include notes and highlighting and show signs of wear, and the copy can include "From the library of" labels or previous owner inscriptions. 100% GUARANTEE! Shipped with delivery confirmation, if you're not satisfied with purchase please return item! Ships via media mail.
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In the space of three years, from 2009 to 2012 Bernie Madoff, Tom Petters and R. Allen Stanford were all convicted for running multi-billion dollar Ponzi schemes. These three schemes alone have had the largest financial take in U.S. history. But what role does the economy and legislation play in the occurrences of Ponzi schemes? What is the nature of Ponzi schemes and what are their tools and mechanisms? What can we know about Ponzi perpetrators?
Unraveling the answers to these questions (and many more), Marie Springer provides the first representative portrait of Ponzi schemes, their perpetrators, and their victims. Adopting a multidisciplinary approach, she begins by presenting an overview of different types of Ponzi schemes. She later explores perpetrators and victims of Ponzi schemes followed by a close examination of economic trends, regulatory changes, and the financial relationship with Ponzi schemes. Other key features include:
• A non-technical overview of both offender based and offense-based approaches of studying this form of fraud.
• Examples of Ponzi schemes and Ponzi schemers.
• A wealth of descriptive statistics on known federal cases from the 1960s until the present to quantify this specific form of fraud.
Broadening our understanding of Ponzi schemes as a form of white-collar crime, The Politics of Ponzi Schemes provides an excellent foundation for students and practitioners of public administration, banking, as well as investors, finance and accounting, law enforcement officers, legislators and regulators.
Marie Springer is an adjunct assistant professor in the Departments of Economics and Public Managment at John Jay College of Criminal Justice, City University of New York. Her research interests are white-collar crimes in financial markets, affinity-fraud, banking industries, elder-fraud in financial markets, and government accountability. Her research looks at the government responses in legislation and the effectiveness of the legislation in controlling, preventing, and punishing white-collar crimes in financial markets.
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