Document Type
Article
Publication Date
4-14-2010
Recommended Citation
http://coba.georgiasouthern.edu/pdf%20files/2010_04_14_Buckhoff_Madoff_Ponzi_Scheme_1.pdf
COinS
Comments
Excerpt: "A Ponzi scheme is a fraudulent investment 'opportunity' in which current investors are paid abnormally high returns out of the money paid in by newly-recruited investors." Author's biography: Thomas Buckhoff is an associate professor of accounting at Georgia Southern University and a partner with Forensic Solutions LLC, a forensic accounting firm specializing in fraud detection, investigation and prevention consulting services. He can be reached at 912-478-7142 or tbuckhoff@georgiasouthern.edu.