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    Criminal Justice
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    Criminology Today Study Set 1
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    Exam 11: White-Collar and Organized Crime
  5. Question
    What Is the Name for a Form of Fraud That
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What Is the Name for a Form of Fraud That

Question 2

Question 2

Multiple Choice

What is the name for a form of fraud that uses money collected from new investors,rather than profits from the supposed underlying business venture,to pay high rates of return promised to earlier investors?


A) broker embezzlement
B) investor embezzlement
C) commodities scheme
D) Ponzi scheme

Correct Answer:

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