1 at some point in a ponzi scheme which of the following is, Ask an Expert

Accounting

1. At some point in a Ponzi Scheme which of the following is not one of the three things that will happen:

a.The promoters will vanish, taking all the investment money with them.

b.The scheme will collapse under its own weight.

c.The scheme will be covered up as charges are made to expense accounts.

d.The scheme is exposed, because when legal authorities begin examining accounting records of the so-called enterprise.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91788049

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