Eye on Fraud - Too Good to be True: Ponzi Schemes

Forensic and Valuation Services (FVS)

Once a Ponzi scheme has been exposed as a financial fraud, a forensic accountant’s skills are instrumental in the investigation of the fraud and assessment of damages. The Eye on Fraud authors, Rumbi and Kathy, share:

• What is a Ponzi scheme vs. a pyramid scheme vs. multi-level marketing
• How and why Ponzi schemes draw in victims
• Ponzi scheme red flags

Guests: Rumbi Bwerinofa-Petrozzello, CPA/CFF, CFE, Head of Strategy, Consulting, Seramount Kathy Bazoian Phelps, Esq. Partner, Raines Feldman Littrell LLP

Host: Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton

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Exclusive content – Free for FVS Section members Too Good to be True: Ponzi Schemes | FVS Eye on Fraud

Discount for AICPA members What Fraud Schemes Exist in Your Organization

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services. Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.

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