In a Ponzi scheme, how is confidence in the perpetrator established?
A) By obtaining a written note from an auditor that "validates" the services
B) By issuing notarized certificates
C) By initially paying returns on investments
D) Confidence does not need to be established for a Ponzi scheme to be successful

Question

Quizplus · Accepted Answer

A: Incorrect - A Ponzi scheme has nothing to do with auditors
B: Incorrect - Notarized certificates are not common with Ponzi schemes
C: Correct
D: Incorrect - Confidence must be established for a Ponzi scheme to be successful.

In a Ponzi Scheme, How Is Confidence in the Perpetrator