5 Signs Your Surefire Hedge Fund Investment Is A Ponzi Scheme

Jan 2 2015 | 6:25am ET

4. Secrecy is required in connection with the investment.

One elderly Madoff investor told The Journal News her family abided by an unwritten rule with Madoff that “You don't cause any problems. You don't discuss anything. He does his thing, and you keep your mouth shut.”

Florida lawyer Scott Rothstein, who masterminded a massive $1.2 billion Ponzi scheme in which he claimed investors could “purchase” the right to payment of settlements in “highly confidential” legal cases at a discount, swore his investors to secrecy.

Angela Dawn Campbell's victims were asked to keep their investments quiet because she "didn't want to get over her head and have too many people coming to her."

Previous 1 2 3 4 5 6 Next

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...