Home / Public safety / How to avoid ponzi investment schemes

How to avoid ponzi investment schemes


Nevin Shapiro developed a Ponzi scheme in Florida and collected more than 880 million dollars over a four year period. 89.1, WUFT-FM’s Kara Van Hoose spoke with Lori Schock, the Director of Investor Education and Advocacy at the Securities and Exchange Commission. While Ponzi schemes do actually work at first, Schock says that quality makes them more dangerous and investors should always do background checks before investing.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

About admin

Check Also

police lights file

1 Person Dies, Another Injured In Ocala Drive-By Shooting

Jordan Davis was shot near the 800 block of Northwest 15th Avenue in Ocala by an unknown suspect. He then fled to the Family Dollar, and employees there called the police, Barnes said.