Ponzi schemes in the Caribbean / prepared by Ana Carvajal [and others].

In several Caribbean states, unregulated investment schemes grew quickly in recent years by claiming unusually high monthly returns and through a system of referrals by existing members. These are features shared with traditional Ponzi schemes and pyramid schemes. This paper describes the growth of...

Full description

Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Author:	Carvajal, Ana (Author)
Corporate Authors:	International Monetary Fund. Western Hemisphere Department, International Monetary Fund. Monetary and Capital Markets Department
Format:	Electronic eBook
Language:	English
Published:	[Washington, D.C.] : International Monetary Fund, ©2009.
Series:	IMF working paper ; WP/09/95.
Subjects:	Ponzi schemes > Caribbean Area. Fraud > Caribbean Area. Swindlers and swindling > Caribbean Area. Fraud Ponzi schemes Swindlers and swindling Caribbean Area