Educational Webinar
If It Sounds Too Good to Be True: A Look at Ponzi Schemes
Webinar Highlights
Almost 90 years before, Charles Ponzi pleaded guilty in 1920 to mail fraud charges related to orchestrating a $20 million fraud – the first Ponzi scheme.
Simply put, a Ponzi scheme uses funds from new investors to pay returns – usually far in excess of similar investments – to prior investors.
Using actual frauds, this webcast will examine the elements of a Ponzi scheme, and use the fraud triangle to explain how perpetrators start and continue Ponzi schemes. We will also explore the red flags that accountants and financial professionals should recognize regarding investments “too good to be true.”
Learning Session
- Free CPE
- Non-sponsored Events mean you never listen to a 3rd party sales pitch – it’s all just great education
- Expert-instructor-led learning with live Q&A
- Based on a great course on Illumeo
Speakers
Tom Coghlan, Co-founder, CPE University, LLC
Throughout his career, Tom has worked at the intersection of accounting and finance, education, technology, consulting, and decision making.
Jennifer Robbins, Webinar Manager, Illumeo
Jennifer is a marketing specialist and the webinar manager for Illumeo. She has been a part of more than 300 webinar presentations, supporting our expert presenters and Illumeo users alike. When she’s not moderating webinars, she’s creating and managing marketing content.
Objectives
After attending this event you will be able to:- Use the fraud triangle model to identify risk of fraud.
- Discuss the similarities and differences between Ponzi and Pyramid schemes.
- Examine several actual Ponzi schemes and discuss the red flags that in retrospect should have warned potential and existing investors.
- Explore how claw backs and disgorgement are used to obtain funds used to compensate fraud victims.
Continuing Education Information
