Sentences with phrase «of ponzi»

Taken to an extreme, this is actually more or less the definition of a Ponzi scheme (a scheme in which a continual influx of new money is used to subsidize earlier investors).

A Utah federal court refused to order a firm to turn over commissions derived from the sale of two properties purchased by the operator of a Ponzi scheme.

The operators of the Ponzi scheme established a Bitcoin consultancy firm in Seoul, lured in investors in the market, and offered unrealistic profit margins, claiming that their money will be invested in Bitcoin.

Here are some pointers to avoid falling into the trap of Ponzi...

The modus operandi of the scheme seems to have the hallmarks of a ponzi with unrealistic promises of returns.

Most of these come in the form of Ponzi Schemes, phishing sites, and malware attacks.

Here are some pointers to avoid falling into the trap of Ponzi schemes like BitConnect or USI Tech.

After a thorough analysis, it became clear the company was showing signs of a ponzi scheme.

Many of them promise high returns from bitcoin cloud mining but are in reality just another form of Ponzi scheme.

Bitconnect was perhaps doomed from the start as it was created based on the centralized concept of a Ponzi scheme.

It's almost as if blockchain is a terrible, completely unpractical technology that's only talked about because people are trying to drive up the price of their ponzi coins.

«In reality, as alleged, the supposed trading results were illusory, and any payouts to customers were derived from funds fraudulently obtained from other customers in the manner of a Ponzi scheme,» the CFTC write - up summarizes.

«Trends in Enforcement and Prosecution of Ponzi Schemes,» American Bar Association, National Securities Fraud Conference, October 2010

The Am Law Daily caught up with Edward Davis, an international asset recovery lawyer with Miami boutique Astigarraga Davis, to discuss the sinister beauty of the Ponzi's design.

After seven years of litigation, we obtained a dismissal with prejudice in favor of our client, a prominent cardiologist, in a negligence and fraud case involving the operation of a Ponzi scheme.

His advice: Get rid of the Ponzi business model and focus on efficiency instead of billing hours.

Get rid of the Ponzi business model: Securities lawyer Mark Astarita says that BigLaw's Ponzi - like business model of borrowing money to pay bloated associate salaries and partner draws instead of covering these costs through revenue can't work in this recessionary climate.

The issue in this case was whether certain victim of a ponzi scheme could retroactively reclassify the nature of their «investment» to improve their tax position.

In phase 2, 2030 to 2050, after multiple climate Pearl Harbors and the inevitable collapse of the Ponzi scheme we call the global economy, the world gets truly desperate, and actions that are not plausible today — including widespread conservation — become commonplace (see here for a description of what that collapse might look like).

Hey, it occurs to me that GISS's fiddling of the instrumental record is a climatic form of Ponzi scheme.

That seems to contain the key elements of a Ponzi scheme.

Take a look, for example, at Richard Heinberg's The End of Growth, wherein we learn that «the world economic system is a kind of Ponzi scheme that is only kept going by the confidence of its participants,» and that «the Keynesian remedy doesn't cure the ailment but merely extends the suffering.»

Five years and several million dollars later, a New York art collector claims in court that the sculptor Jeff Koons and the Gagosian Gallery are running a «garden - variety» fraud with all the hallmarks of a Ponzi scheme.

Thanks are also extended to the many professionals who have made this venture possible: Meg Crane and John Mengel of Ponzi and Weill for their sensitive design of the brochure, Maurice Peterson once again for inspired web design, and to Robert Anthony, Jen Brown, and Emma Zakaravicius for their assistance in the research and development of this project.

The pyramid canvases reference the social movements in Egypt in early 2011 and the top - down structure of Ponzi schemes.

Many in my generation or profession (mostly, I hope, those who haven't read the book) assume that Free is something of a Ponzi scheme.

To now say, «sorry, you've spent years accumulating miles, but we can sell the seats for cash, so your miles are now worthless» reeks of a Ponzi scheme.

Just in case of Ponzi schemes, during this time the scam works and investors are paid in full to attract future investors.

If you want to look into the pathology of a Ponzi Scheme, it is good there also.

Read ASIC's media releases about the conviction of ponzi operator Chartwell Enterprises, and a penalty and ban issued to ponzi «Mastermind» David Hobbs.

The nonprofit Investor Protection Institute (IPI) announced today that it is collaborating with Oklahoma City - based Island Grill Media & Entertainment to develop «The Meeting,» a short film exposing the devastating results for victims of Ponzi schemes.

Hello, I am totally new to this, am definitely intrigued but my question is how do we know that this is not some kind of ponzi scheme?

We think of Ponzi schemes as dirty stuff and we...

Since OP mentioned it, it might be worth noting this is pretty much the opposite of a Ponzi, which is paying out dividends without underlying growth,

He says that, since bull markets possess every characteristic of Ponzi schemes, we should assume they are Ponzi schemes until we come into possession of some evidence that they are NOT Ponzi schemes.

The infamous case of Ponzi schemer Bernie Madoff was an ominous reminder that yes, there are unscrupulous money managers out there.

He used part of the money to repay some investors in the manner of a Ponzi scheme, misrepresenting them as profits.

The whole thing — from start to finish — is education reform's equivalent of a Ponzi Scheme.

Perry returns to his signature character of Madea — the sassy, say - anything elderly aunt with a penchant for handguns and stern moralizing — who here is tasked with sheltering the family of accountant George Needleman (Eugene Levy), who is caught up in the federal investigation of a Ponzi scheme.

Her brittle, shivery Jasmine is a Manhattan socialite whose world crumbles after the collapse of a Ponzi scheme run by her bigger - than - life fraudster husband, Hal (Alec Baldwin).

«In the United States, since World War II when this basic system was created, research has been a kind of Ponzi scheme in the sense that when the government provides grants, the institution leverages the indirect costs to expand research... and no institution has the resources to support the size of the faculty they have, especially in the biomedical sciences.»

More recently, news articles portrayed Bernard Madoff as an «evil genius» because of his Ponzi scheme that siphoned some $ 20 billion from investors.

Sm - Ali Amanollahi, who dates fundraiser Rud Morales, was a victim of Ponzi scheme tied to federal probe.

Large scale frauds of the kind of Ponzi schemes and pyramids deprived millions of their possessions.

to me we are just watching the inevitable consequences of a bursting football bubble which is what AFC (Arsenal Financial Corporation) has become under the Franco American alliance... to be honest its lasted longer than I expected as the signs of a Ponzi club were visible 5 years ago but somehow the 4th place zombie fans kept the thing going longer than I expected but the bust is, consequently, even more worrisome for the long term health of the club... obviously Wenger should have gone 5 years back but that was not in the interest of the vulture owner... next steps are uncertain but I hope fans show their disgust by not showing up to the emirates next game

It's important, he suggests, that participants - and outsiders, especially - don't know too much about what is really going on: This is obvious enough in the case of a Ponzi scheme (another of Dennett's sociological bacteria), which relies on dupes continuing to pay into the system.

This is what we now see happening and — despite the 10 % stock market rally today — I am still bracing myself for the inevitable end of the Ponzi game — suddenly or as a long drawn out debt deflation.»

The chairman and CEO of Fisher Investments, who runs a three - year - old annuity conversion program, likened annuity sales approaches to the too - good - to - be-true promises of Ponzi schemes and charged that annuity salespeople often lie to make high commissions.

And then there is the issue of Ponzi or Pyramid Schemes.

We previously issued an Investor Alert about the use of Bitcoin in the context of a Ponzi scheme.