From 3a4a9463c00b69e60647ebe673835c70645062b0 Mon Sep 17 00:00:00 2001 From: Gerald Bauer Date: Tue, 5 Jan 2021 19:22:40 +0100 Subject: [PATCH] Create SEC_Investor_Education.yml --- SEC_Investor_Education.yml | 28 ++++++++++++++++++++++++++++ 1 file changed, 28 insertions(+) create mode 100644 SEC_Investor_Education.yml diff --git a/SEC_Investor_Education.yml b/SEC_Investor_Education.yml new file mode 100644 index 0000000..5d8d607 --- /dev/null +++ b/SEC_Investor_Education.yml @@ -0,0 +1,28 @@ +- quote: | + A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. + Ponzi schemes are named after Charles Ponzi. In the 1920s, Ponzi promised investors a 50% return + within a few months for what he claimed was an investment in international mail coupons. + source: https://www.investor.gov/introduction-investing/investing-basics/glossary/ponzi-schemes + +- quote: | + Ponzi Schemes. With little or no legitimate earnings, + Ponzi schemes require a constant flow of new money to survive. + When it becomes hard to recruit new investors, + or when large numbers of existing investors cash out, + these schemes collapse. + source: https://www.investor.gov/introduction-investing/investing-basics/glossary/ponzi-schemes + +- quote: | + Ponzi scheme "red flags" - High returns with little or no risk: + Every investment carries some degree of risk, + and investments yielding higher returns typically involve more risk. + Be highly suspicious of any "guaranteed" [number-go-up to-the-moon] "investment" opportunity. + source: https://www.investor.gov/protect-your-investments/fraud/types-fraud/ponzi-scheme + +- quote: | + Ponzi scheme "red flags" - Avoid too-good-to-be-true "investments" with claims like: + - "To the moon! To the mars!" + - "Number go up!" + - "Yearly return of 300+% in 2020!" + - "Could quadruple in 2021 and rally to $100,000!" + soure: https://www.investor.gov