SEC says magnitude of Ponzi schemes growing (Reuters)

Posted by admin on February 7, 2009 under News | 2 Comments to Read

SEC says magnitude of Ponzi schemes growing (Reuters)

Bernard Madoff is escorted from Federal Court in New York in this January 5, 2009 file photo. (Lucas Jackson/Reuters)Reuters – The frequency of Ponzi schemes is not increasing but the magnitude of the frauds is, a Securities and Exchange Commission official said on Friday.


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