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...

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Bibliographic Details
Main Author: Carvajal, Ana (Author)
Corporate Authors: International Monetary Fund. Western Hemisphere Department, International Monetary Fund. Monetary and Capital Markets Department
Format: eBook
Published: [Washington, D.C.] : International Monetary Fund, ©2009.
Series:IMF working paper ; WP/09/95.
Online Access:Click for online access