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A ________ Is an Investment Fraud in Which a Manager

Question 44

Multiple Choice

A ________ is an investment fraud in which a manager collects funds from clients, claims to invest those funds on their behalf, reports extremely favorable investment returns, but in fact uses the funds for his own use.


A) Ponzi scheme
B) bonsai scheme
C) statistical arbitrage scheme
D) pairs trading scheme
E) None of the options

Correct Answer:

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