A Ponzi schemeis a classic fraud. Its essence is deception. And the...
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A Ponzi scheme
is a classic fraud. Its essence is deception. And the perpetrator
deliberately overstates the value of assets
held in client accounts, thereby creating
a false impression of investment success
is a classic fraud. Its essence is deception. And the perpetrator
deliberately overstates the value of assets
held in client accounts, thereby creating
a false impression of investment success
Full Transcript
00:00:01.000 --> 00:00:03.937
A Ponzi scheme
is a classic fraud.
00:00:03.097 --> 00:00:06.807
Its essence is deception.
00:00:06.841 --> 00:00:08.308
And the perpetrator
deliberately
00:00:08.341 --> 00:00:11.345
overstates the value of assets
held in client accounts,
00:00:11.378 --> 00:00:13.848
thereby creating
a false impression
00:00:13.088 --> 00:00:15.283
of investment success.
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Movie Summary
A young, ambitious businessman gradually loses his friends - and his soul - as he tries to keep his elaborate Ponzi scheme afloat with acts of fraud, deception and even murder.
