Cover of 'Why Ponzi Schemes Work' by David Kotz - Global Banking & Finance Review
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DAVID KOTZ SELECTED BY ASPATORE BOOKS AS AUTHOR OF NEW AUTHORITATIVE BOOK, WHY PONZI SCHEMES WORK AND HOW TO PROTECT YOURSELF FROM BEING DEFRAUDED

Published by Gbaf News

Posted on October 16, 2014

2 min read

· Last updated: November 29, 2018

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David Kotz Chosen to Author Book

David Kotz has been recognized as a leader in the legal community by being selected as the author of the recently released book, Why Ponzi Schemes Work and How to Protect Yourself from Being Defrauded, published by Aspatore Books, a Thomson Reuters business.

Why Ponzi Schemes Work and How to Protect Yourself from Being Defrauded

(ISBN: 9780314292971)

Insights from the Former SEC Inspector General

Written by the former inspector general of the Securities and Exchange Commission (SEC), Why Ponzi Schemes Work and How to Protect Yourself from Being Defrauded is the definitive account of the largest Ponzi schemes in history, and a comprehensive guide to protecting investors from frauds. The book provides specific and concrete tips on how to identify potential Ponzi schemes and how to get your money back if defrauded. The author, who personally investigated the Bernie Madoff and Allen Stanford Ponzi schemes on behalf of the US government, examines why the government failed to uncover these schemes, analyzes the psychology of the fraudsters, explains the many ways in which investors can protect themselves, and provides options and remedies available to those who have been defrauded.

Inside Why Ponzi Schemes Work

Filled with fascinating stories from the author’s investigations conducted while he was with the SEC, including his interview with Bernie Madoff in prison, this book provides a unique analysis of why Ponzi schemes are successful and why investors cannot rely solely on the government for protection. Why Ponzi Schemes Work and How to Protect Yourself from Being Defrauded is an invaluable resource and a must-read for all those who invest in capital markets.

How to Purchase the Book

This book can be purchased immediately by calling 1-800-328-9352 or by visiting: http://legalsolutions.thomsonreuters.com/law-products/Other/Why-Ponzi-Schemes-Work-and-How-to-Protect-Yourself-from-Being-Defrauded/p/100398825.

Key Takeaways

  • David Kotz, former SEC inspector general, authored the definitive guide to the biggest Ponzi schemes.
  • The book analyzes government failures in uncovering frauds like Madoff and Stanford and why investors must stay vigilant.
  • It provides concrete tips for spotting Ponzi schemes and strategies for recovering funds if defrauded.
  • Stories from Kotz’s investigations, including his interview with Madoff, underscore the limits of relying solely on regulators.

References

Frequently Asked Questions

Who is the author of the book?
The book is written by H. David Kotz, the former inspector general of the U.S. Securities and Exchange Commission (SEC).
What is the book’s main focus?
It examines why Ponzi schemes succeed, highlights regulatory failures, and offers tips on how investors can protect themselves and recover lost funds.
Which Ponzi schemes does Kotz discuss?
Kotz investigates high‑profile frauds such as the Bernie Madoff and Allen Stanford Ponzi schemes, including his own interview with Madoff in prison.
When was the book published?
The book was published on October 1, 2014 by Thomson Reuters/Aspatore. 
What practical advice does the book provide?
It offers specific and concrete tips to help investors identify possible Ponzi schemes, understand fraudster psychology, and explore remedies if defrauded.

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