Law, 03.12.2019 22:31 anthonyvargas8780
Heidi decided to make extra money by offering to do investments for her friends for a fee. she actually did no investing, but used the funds from new friends to pay off earlier enrollees. this worked well for a while, but her scheme came to light when her supply of new friends came to an end. she is guilty of which of the following practices?
a. operating a ponzi scheme
b. operating a bait and switch scheme
c. account kiting
d. pretexting
e. defalcation
Answers: 2
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Heidi decided to make extra money by offering to do investments for her friends for a fee. she actua...
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