Investment Fraud and Ponzi Schemes
Ponzi-style schemes
Investment Fraud
Ponzi-style schemes
False investment promise
Misrepresented returns
Investor funds
Sources and amounts
Fake returns
Performance fabrications
Ponzi payments
New money paying old
Misuse of funds
Diversion to operator
Concealment
Hidden losses and books
Business failure vs fraud
Théroux distinction
Investor deprivation
Loss to investors
Risk of loss
Exposure to harm
Bank records
Account flows
Corporate records
Ledgers, minutes
Promotional material
Marketing exhibits
Proceeds of crime
s. 462.31
Investigator takeaway
Trace flows + concealment