Ponzimonium is popular PDF and ePub book, written by U.S. Commodity Futures Trading Commission (CFTC) in 2016-04-19, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Ponzimonium can be Read Online from any device for your convenience.
Ponzimonium Book PDF Summary
Ponzimonium is a book chock-full of advice to educate investors on the scam artists ripping off America. The primary message is that investors should not spend on unregulated companies or individuals who trade unregulated markets—background checks are priceless. The book tells provocative stories such as that of Darren Potter, who cleverly categorized investments in his program as “loans” and ironically became a victim himself of a Ponzi scheme. There is an “Investor Bill of Rights” that pushes investors to question fund lock-up clauses and warns them to be careful of those who do not properly explain obligations and fund expenses, require additional investment capital at a future point in time, or have not appropriately disclosed all risks. Some of the red flags called out in Ponzimonium include a fund’s need for secrecy and whether there are abnormal methods of accepting investments or whether conducting independent research on the fund is difficult. This is a must-read for anyone new or old to investing and the pitfalls that could make or break your bank.
Detail Book of Ponzimonium PDF
- Author : U.S. Commodity Futures Trading Commission (CFTC)
- Release : 19 April 2016
- Publisher : Simon and Schuster
- ISBN : 9781510707924
- Genre : Business & Economics
- Total Page : 108 pages
- Language : English
- PDF File Size : 15,7 Mb
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