000			01877nam a2200205 4500
999			_c51018 _d51018
003			OSt
005			20190129143122.0
008			190129b ||||| |||| 00| 0 eng d
100			_aAmoah, Benjamin _933075
245			_aMr Ponzi with Fraud Scheme Is Knocking: Investors Who May Open
300			_a1115–1128 p.
520			_aInvestors’ confidence is often abused by individuals who take advantage of investors on the financial market through fraudulent investment schemes. This article analyses factors that expose investors to Ponzi schemes. This study adopts a logistic regression model to assess the chances of investors falling prey to fraudulent investment schemes. This relationship is hypothesized as a function of affinity and trust, risk appetite, investment knowledge, understanding of Ponzi scheme, awareness of failed investment company, and demographic factors. The article reveals that affinity and trust, investment knowledge, awareness of investment company failure, understanding of Ponzi and educational level significantly affect the chances of an investor being victim or a non-victim of a Ponzi scheme. Demographic factors exhibit the expected relationship although not significant. The investment market can in no way be free of Ponzi schemes. Regulators of financial markets would have to intensify education of investors on how to identify and avoid Ponzi schemes. By analysing investors’ Ponzi victimization factors, this article adds to our empirical understanding of the factors that tend to put investors at risk of falling prey to Ponzi schemes.
653			_aPonzi scheme,
653			_apyramid scheme,
653			_ainvestor, risk
653			_ainvestment,
653			_aGhana
773	0		_029349 _973150 _aBANIK, ARINDAM _dNEW DELHI SAGE PUBLISHING PVT. LTD. _o5559630 _tGLOBAL BUSINESS REVIEW _x0972-1509
942			_2ddc _cJA-ARTICLE