Listen to Kathy Phelps on Radio Shalom on November 13, 2013 at 4 p.m. Eastern discussing consequences for banks, bankers and investors involved in Ponzi schemes.
Have we seen any slowdown in Ponzi scheme activity since Madoff and the other larger Ponzi schemes unwound in 2008 and 2009?
Why are people still investing in Ponzi schemes?
Why are bankers not going to jail for their role in these schemes?
Are we any further ahead 5 years after Madoff in detecting and combating these types of fraudulent schemes?
To listen to the show, go to www.radio-shalom.ca/site/emissions-1042 and click on Listen Live.
Read about Ponzi-Proof Your Investments: An Investor’s Guide to Avoiding Ponzi Schemes and Other Fraudulent Scams at www.ponzi-proof.com.