Pyramid and Ponzi Schemes

(originally aired Nov. 22, 2016) Guest: Amy Oliver, Trial Attorney, U.S. Securities and Exchange Commission, Salt Lake Regional Office Despite all the festive celebration that comes with the summer season, reconnecting with family and friends can also open the door to something less than celebratory—financial fraud. The savviest of fraudsters trade in affinity—they tap into you through someone you know and trust. So how can you avoid becoming a victim? If you know of anyone who might be participating in fraud, you can send a tip here, at the US Securities and Exchange Commission.