Author Question: To maximize sentencing disparity, guidelines have been adopted by the federal government and the ... (Read 22 times)

Lobcity · **on:** Aug 13, 2018

To maximize sentencing disparity, guidelines have been adopted by the federal government and the states.

a. True
b. False
Indicate whether the statement is true or false

Question 2

Explain what is meant by a Ponzi scheme and how the term originated.

What will be an ideal response?

irishcancer18 · **Reply #1 on:** Aug 13, 2018

Answer to Question 1

FALSE

Answer to Question 2

A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity. The term comes from Charles Ponzi, who duped thousands of New England residents into investing in a postage-stamp speculation scheme back in the 1920s.