Is your money safe? Charles Ponzi lent the Ponzi scheme its name, but he is not the first or the last to dupe investors with this age-old con. Bernard Madoff, Tom Petters, and others amassed billions before their arrests, but it is not all about the money.
Find out what makes fraudsters tick, and how they swindle their victims. The biggest Ponzi scheme of all time is operating under the radar right now, unknown and undetected by regulators and unsuspecting investors.
Could you be a victim? Learn how scammers stay under the radar, and discover my stunning prediction of exactly where, when, and how this massive Ponzi scheme will finally collapse.
Colleen Cross’ “Anatomy of a Ponzi” is one of those books that makes you wonder “Are people really that stupid or is it just greed? Maybe both.” It boggles the mind to think that there are people in the world you can honestly believe that they can get a 500%, 800% or a 1,000% return on their investment. And it’s even more mind-boggling to think there are people who perpetrate these scams and get away with them for years.
“Anatomy of a Ponzi” is extremely well written. Cross knows her stuff who doesn’t confuse you with technical jargon while at the same time not talking down to you. The highlight of the book, to me, was a review of the all-time top ten global Ponzi schemes. It’s good to know there are stupid people around the world. Originally written in 2013, I also appreciated the fact that Cross updated the book just this month – January 2018.
My only complaint about this book was Randal Schaffer. There was just something about his voice that grated on me and he almost – almost – detracted from an excellent book.
This was a good presentation of some unsavory folks - a rogues gallery of some of the biggest thieves in history. I enjoyed reading it and appreciate the helpful material throughout and at the end advising what to look for and how to avoid Ponzi schemes. The narrator did a fine job keeping the story moving.
I was given this free review copy audiobook at my request and have voluntarily left this review.
I found this book to be very informative. I hadn't really understood how the scams were so successful, but now I have a much better understanding. The saying "if it sounds too good to be true, it probably isn't true" comes to mind. I liked how the author pointed out some of the good test questions to ask to avoid being caught up in a scam. Typically I do not listen to many non-fiction books a year, but I did learn some things from this one. I would definitely listen to this book again before making any investments. I requested this review copy audiobook from the author, narrator, and/or publisher and have voluntarily written this review. My review of the narrator is difficult for me to analyze as he doesn't have characters to portray like fiction books require. His voice was pleasant and he didn't have any annoying sounds.