Ponzi schemes – Simon Taylor's Blog

2 Sep 2012

Ponzi and pyramid schemes

by Simon Taylor | posted in: Course material, Financial products | 0

I was recently asked the difference between a Ponzi scheme and a pyramid scheme. They are closely related but there is a key difference, which is that a pyramid scheme is not necessarily fraudulent, though it frequently is marketed with … Continued

Simon is Management Practice Professor of Finance at Cambridge Judge Business School. From 2008-2018 he was the first Director of the University of Cambridge Master of Finance (MFin) degree, and was later the first Director of the University's Global Executive MBA. An economist and former equities analyst at JPMorgan and Citigroup, he teaches on financial markets and institutions, infrastructure finance and the world financial system. He is a Fellow in Management at St Catharine's College, Cambridge, where he is a member of the investment committee, and a research associate of the Cambridge Energy Policy Research Group, where he specialises in nuclear finance.

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