A first order linear differential equation is used to describe the dynamics of an investment fund that promises more than it can deliver, also known as a Ponzi scheme. The model is based on a promised, unrealistic interest rate; on the actual, realized nominal interest rate; on the rate at which new deposits are accumulated and on the withdrawal rate. Conditions on these parameters are given for the fund to be solvent or to collapse. The model is fitted to data available on Charles Ponzi's 1920 eponymous scheme and illustrated with a philanthropic version of the scheme
The model is one theoretical approach within a broader research program that could verify the nonlin...
When a Ponzi scheme collapses, there will typically be net winners and net losers. The bankruptcy tr...
Solvency games, introduced by Berger et al., provide an abstract framework for modelling decisions o...
A first order linear differential equation is used to describe the dynamics of an investment fund th...
The PGBM model for a couple of counteracting, exponentially growing capital flows is presented: the ...
In the 1920’s, Charles Ponzi engaged in a notorious money making scheme. This scheme had been tried ...
In 2008, the largest Ponzi scheme was discovered—Bemie Madoff cheated investors out of over $50 bill...
Ponzi schemes lay their foundation on fraud. Once the con is exposed, the culprits are usually strip...
The Madoff case has all the makings of a Pona! scheme. Ponzi schemes follow what Hyman Minsky descri...
By educating more people on the red flags of Ponzi schemes, it will better their chances of not fall...
A Ponzi scheme is an arrangement whereby a promoter offers an investment opportunity with attractive...
Araujo, Páscoa and Torres-Martínez (2002) showed that, without imposing any debt constraint, Ponzi s...
Ponzi schemes and other investment frauds inevitably end up in bankruptcy or receivership, leaving b...
Abstract. A High Yield Investment Program (HYIP) is an online Ponzi scheme, a financial fraud that p...
The financial structures that make use of money flow for “easy money” or cheating purpose are called...
The model is one theoretical approach within a broader research program that could verify the nonlin...
When a Ponzi scheme collapses, there will typically be net winners and net losers. The bankruptcy tr...
Solvency games, introduced by Berger et al., provide an abstract framework for modelling decisions o...
A first order linear differential equation is used to describe the dynamics of an investment fund th...
The PGBM model for a couple of counteracting, exponentially growing capital flows is presented: the ...
In the 1920’s, Charles Ponzi engaged in a notorious money making scheme. This scheme had been tried ...
In 2008, the largest Ponzi scheme was discovered—Bemie Madoff cheated investors out of over $50 bill...
Ponzi schemes lay their foundation on fraud. Once the con is exposed, the culprits are usually strip...
The Madoff case has all the makings of a Pona! scheme. Ponzi schemes follow what Hyman Minsky descri...
By educating more people on the red flags of Ponzi schemes, it will better their chances of not fall...
A Ponzi scheme is an arrangement whereby a promoter offers an investment opportunity with attractive...
Araujo, Páscoa and Torres-Martínez (2002) showed that, without imposing any debt constraint, Ponzi s...
Ponzi schemes and other investment frauds inevitably end up in bankruptcy or receivership, leaving b...
Abstract. A High Yield Investment Program (HYIP) is an online Ponzi scheme, a financial fraud that p...
The financial structures that make use of money flow for “easy money” or cheating purpose are called...
The model is one theoretical approach within a broader research program that could verify the nonlin...
When a Ponzi scheme collapses, there will typically be net winners and net losers. The bankruptcy tr...
Solvency games, introduced by Berger et al., provide an abstract framework for modelling decisions o...