Advice, Tips, and Observations on Business and Consumers

Ponzi Scheme explained

Ponzi Schemes are not new scams, they have existed since the 1920’s and are an offence in all countries. A ponzi scheme is a fraudulent business activity that happens when a business pays returns to its investors from new capital that is invested by new investors, rather than profits actually earned on the investment. As a matter of fact, in ponzi schemes no investment is actually being made.

Continue Reading

Ethics in Business

In a context of weakening of the state and its resources, companies today often appear as the supporting institutions of public good and public interest, especially when it comes to multinational companies. These solicitations to involve the company in the provision of public goods is often accompanied by a certain mistrust.

Continue Reading