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Description of  You Can't Cheat an Honest Man: How Ponzi Schemes and Pyramid Frauds Work...And Why They're More Common Than Ever

You Can't Cheat an Honest Man The news is full of modern variations of the Ponzi scheme, which uses money from new investors to pay existing ones, setting up "levels" of investors to keep growing which always eventually collapse. This book uses case studies to suggest several explanations, plus helpful tips to detect Ponzi schemes and offers ways to respond.