) Stan is an investment manager. He has received money from various
investors with a promise of very high returns on their investments. The invested
money is not supplying enough capital in order ...
... to pay the returns promised, so
he has started using new investor's money to pay older investors. By advertising
and by word of mouth, people are anxious to invest with Stan because of the
money being paid, and with the influx of new investors, he is able to continue
operating. Stan is
Stan is involve in embezzlement.
(See complete conversation and new answers below)
There are no new answers.