...Christiaan Ernst (Riaan) Heyman Purpose This study aims to, firstly, develop a red flag checklist for cryptocurrency Ponzi schemes and, secondly, to test this red flag checklist against publicly available marketing material for Mirror Trading International (MTI). The red flag checklist test seeks...

...Nhung Thi Nguyen; An Tuan Nguyen; Ha Thi Nguyet To; Thanh Ta Hong Le Purpose This paper aims to explore factors influencing Vietnamese people’s susceptibility to fraud through cryptocurrency Ponzi schemes. Design/methodology/approach This study uses the gullibility theory, the theory...

... tailored and targeted educational programs exclusively based on Ponzi schemes. This view is further supported by DeLiema et al. (2018) . They found that older people are victimized more in the USA. The incidents of fraud can be reduced by educating consumers on various types of scams...

...Umar Mohammed Purpose This paper aims to examine the nature and operations of the two main Ponzi schemes (DKM Diamond Micro Finance Company and Menzgold Company Limited). It explores how such dubious schemes were able to circumvent financial regulatory bodies and their impact on the social...

...Edmond Ofori Purpose The purpose of this study was to assess the effects of the Ponzi schemes and revocation of licences of some financial institutions in Ghana on financial threat. Design/methodology/approach The study adopted a quantitative research approach. Convenient sampling method...