Explain what is meant by a Ponzi scheme and how the term originated

What will be an ideal response?


A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity. The term comes from Charles Ponzi, who duped thousands of New England residents into investing in a postage-stamp speculation scheme back in the 1920s.

Criminal Justice

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Identify and briefly explain two out of the four social bonds identified by Hirschi.

What will be an ideal response?

Criminal Justice

In this case, the Court rejected the statute that mandated that all persons convicted of first-degree murder should receive the death penalty as excessive and unduly rigid.

A. Furman v. Georgia B. Coker v. Georgia C. Woodson v. North Carolina D. Gregg v. Georgia

Criminal Justice

One may avoid entertaining the mens rea of knowledge by staying willfully blind to the facts and circumstances surrounding the commission of an Actus Reus.

Indicate whether the statement is true or false.

Criminal Justice

________ is referred to as the founder of parole.

Fill in the blank(s) with the appropriate word(s).

Criminal Justice