The Politics of Ponzi Schemes

Adopting a multidisciplinary approach Marie Springer provides the first representative portrait of Ponzi schemes, their perpetrators, and their victims.

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.

Introduction: Ponzi Scheme Research and Overview Part 1: The Ponzi Schemes 1. Ponzi Scheme and White-collar Crime 2. Typological Categories of Ponzi Schemes 3. Tools of Carrying out the Ponzi Schemes 4. Ways, Manner and Means Used to Carry Out the Schemes 5. The Money Part 2: The Perpetrators and Victims 6. Trust, Persuasion, Gullibility and Greed 7. The Ponzi Perpetrators 8. The Victims 9. Sentencing and Sanctions Part 3: Laws, Economics, and History 10. Economic Theory and Financial Trends 11. Laws, Regulation and Legislative History 12. Significant and Unique Ponzi Schemes in History 13. Conclusion