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Ponzi

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Published: 12 October 2015
DOI: 10.1215/9780822375074-007
EISBN: 978-0-8223-7507-4
... pulled in thousands of indigenous people across the highlands over the course of almost a decade. They had placed their faith in a man who promised them half a million quetzals. Actually an elaborate Ponzi (or pyramid) scheme, he bankrupted families across a wide swathe. Examining Mayan social networks...
Published: 12 October 2015
EISBN: 978-0-8223-7507-4
... had pulled in thousands of indigenous people across the highlands over the course of almost a decade. They had placed their faith in a man who promised them half a million quetzals. Actually an elaborate Ponzi (or pyramid) scheme, he bankrupted families across a wide swathe. Examining Mayan social...
Published: 16 October 2020
DOI: 10.1215/9781478012641-042
EISBN: 978-1-4780-1264-1
... mainstream publica- tions as the Economist, in its August 4, 2012, issue, noted the collapse of this old model.2 It was a bubble that burst, much like the real estate bubble in 2008. But in actuality, it was a model waiting to burst. The corporate business model functioned as an education Ponzi scheme...
Published: 23 August 2019
DOI: 10.1215/9781478005278-005
EISBN: 978-1-4780-0527-8
... the lens of what Lee Edelman calls the Ponzi scheme of reproduc- tive futurism. 45 In a Ponzi scheme, more investors must put in capital for fewer investors to receive a guaranteed return. A Ponzi scheme is not really an investment, then; rather, it is a transfer of assets framed in the discourse of...
Published: 16 October 2020
DOI: 10.1215/9781478012641-034
EISBN: 978-1-4780-1264-1
Published: 13 September 2019
DOI: 10.1215/9781478005292-002
EISBN: 978-1-4780-0529-2
... at Ray, Quinney and Nebeker Attorneys at Law and a person interviewed on the Mormon Expositor podcast, the in- group economy leads to an extremely high rate of affinity fraud, or members who Mormonism as Meme and Analytic 65 trust those like themselves and are then duped in elaborate Ponzi schemes...