Ebook: Ponzi Schemes in the Caribbean
- Tags: Securities fraud -- Caribbean Area., Commercial crimes -- Caribbean Area.
- Series: IMF Working Papers
- Year: 2009
- Publisher: International Monetary Fund
- City: Washington, United States
- Edition: 1
- Language: English
- epub
In several Caribbean states, unregulated investment schemes grew quickly in recent years by claiming unusually high monthly returns and through a system of referrals by existing members. These are features shared with traditional Ponzi schemes and pyramid schemes. This paper describes the growth of such schemes, their subsequent collapse, and the policy response of regulators, and presents key policy lessons. The analysis and recommendations draw on country experiences in the Caribbean, and in such diverse countries as the United States, Colombia, Lesotho, and Albania.
Download the book Ponzi Schemes in the Caribbean for free or read online
Continue reading on any device:
Last viewed books
Related books
{related-news}
Comments (0)