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Q: ) 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 A. ...
A: Stan is involve in embezzlement.
dickmich9|Points 280|
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Asked 8/5/2012 3:01:44 AM
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