Category Archives : Ponzi Scheme


DSA’s Ponzi Analytics in the News

Dynamic Securities Analytics’ 2016 Ponzi Scheme analytics has been in the news recently. Matt Levine cited the analysis in his 8/10/17 Bloomberg MoneyStuff “Truth, Yachts and Accounting” article. Levine’s thoughts on DSA’s Ponzi sentencing analysis: Stealing a million dollars from poor retirees through outright intentional fraud is worse than losing $100 million at a public company more »


Would you spend 21 days in prison for $1 million dollars? 2016 Ponzi Scheme Analytics   Recently updated !

Dynamic Securities Analytics, Inc. in partnership with Jordan Maglich of PonziTracker.com published interactive analytics of alleged Ponzi schemes revealed and Ponzi-related prison sentences for 2016. Key Take-Aways:   59 new alleged Ponzi schemes were revealed in 2016. This is down from 61 schemes uncovered in 2015 and 70 schemes in 2014. However, the $2.3 billion more »


Silicon Valley & Social Media at Center of Pyramid Scheme Surge

Pyramid Scheme SAR Filings Spike   Dynamic Securities Analytics (“DSA’) has identified a trend in pyramid schemers utilizing social media platforms to execute their fraud. DSA analyzed FinCEN SAR Stat data and found a 340% increase in pyramid scheme Suspicious Activity Report (‘SAR’) filings by Money Services Businesses (‘MSB’) in monthly filing rates in 2017 more »


Alison Jimenez to Present on Hedge Funds at Anti-Money Laundering Conference

  DSA president, Alison Jimenez, will be speaking on a panel titled “Adopting Compliance Strategies for Banking Hedge Funds and other Alternative Investments” at the 22nd annual ACAMS AML & Financial Crimes conference.    


DSA Partners with PonziTracker for 2015 Ponzi Scheme Analytics

Once again, Dynamic Securities Analytics, Inc. partnered with PonziTracker to create interactive analytics of Ponzi schemes uncovered or sentenced in 2015. There were 61 alleged Ponzi Schemes uncovered in 2015 while sentences were handed down for 69 schemes. The total value of the uncovered schemes was over $800 million. Read the full analysis at www.ponzitracker.com. more »


Alison Jimenez to Present on Securities Fraud at ACFE Meeting

Dynamic Securities Analytics, Inc. president, Alison Jimenez, will speak at the February 9th, 2016 meeting of the Tampa chapter of the Association of Certified Fraud Examiners (“ACFE”). Ms. Jimenez will discuss Securities Fraud and provide case studies. The ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more more »


Ponzi Schemes Continue to Proliferate in 2014

Jordan Maglich of Ponzitracker.com wrote an in depth article that analyzed Ponzi schemes revealed and sentenced in 2014. See the excerpt below or read the full article here. Despite a burgeoning economy, increased regulation, and heightening scrutiny on financial crime, data compiled by Ponzitracker shows that Ponzi schemes continued to be uncovered at a steady pace more »


How to Run a Successful Ponzi Scheme

Like any small business, Ponzi schemes can  be a flash in the pan or a long term endeavor, all depending on management. It is suspected that Madoff’s scheme went on for decades before it crumbled. The math behind running a long-term Ponzi scheme is fairly straightforward. If inflows and outflows are managed properly, the scheme more »


The Man in the Mirror: Employee Due Diligence

Fill in this blank:  __________________ Due Diligence. If you are like most AML professionals, “Customer” was the first and only answer that came to mind. The importance of Customer Due Diligence has been drummed into the mind of AML practitioners and is a common training topic. However, the recent indictment of a former TD Bank more »


DSA to Present Ponzi Scheme / AML Webinar

DSA President, Alison Jimenez, will be among the presenters for an Association of Certified Anti-Money Laundering Specialists (ACAMS) webinar on Ponzi Schemes. The webinar will be held on November 25th, 2014. Jordan Maglich of Wiand Guerra King and the creator of PonziTracker.com will also be speaking.   Case Study: Dissecting the Inner Workings of Recent Ponzi more »


DSA’s Ponzi Analytics cited by The Street

The Street published an article by Philip van Doorn titled “Ponzi Scheme Database May Shock You” in which Dynamic Securities Analytics, Inc’s interactive Ponzi scheme visualization was cited. The first decade of the 21st century goes down as the “golden age” for Ponzi schemes. In the aftermath of Bernard Madoff’s epic 20-year scheme to defraud investors — more »


Ponzi Scheme Calculator: When will it Collapse?

  A ponzi schemer would follow these rules in order to keep the scheme going for as long as possible: Encourage “reinvestment” of income. The less income the schemer pays out, the longer the scheme will last. Moderate the amount stolen each year. If he steals a smaller amount each year, the scheme will last more »


DSA’s Analytics cited in Herald Tribune Article

DSA’s analysis of Florida Ponzi schemes in the post-Madoff era was cited in the Sarasota Herald Tribune front page story “Florida’s Wealth a Magnet for Ponzi Schemes” by John Hielscher. Hielscher cited DSA’s ranking of Florida ponzi schemes and sentencing comparisons. DSA president, Alison Jimenez, was quoted on why Florida ranked so high in the more »


Interactive Ponzi Scheme Analytics

DSA prepared interactive analytics of over 500 Ponzi schemes in the post-Madoff era. The schemes can be filtered and analyzed by year, state, dollar value and months sentenced per million $. DSA partnered with Jordan Maglich of PonziTracker.com on this project.     Learn About Tableau


Business Journal Features DSA’s Ponzi Analytics

The Tampa Bay and Jacksonville Business Journals featured DSA’s analytics of Florida Ponzi Schemes. Jane Meinhart quoted DSA president, Alison Jimenez, in the “Ponzi schemers at Home in Florida” article. DSA partnered with Jordan Maglich of Wiand Guerra King to prepare the analysis. The analysis shows Florida ranks third in the county in the total value more »


Putting Madoff’s Theft into Context

One of the most useful things an economist can do in litigation consulting is to put abstract numbers into context.  Bernie Madoff’s theft of $65 billion dollars is almost mind-boggling.  To illustrate the significance of his crime, I compared his theft with other financial crimes most people are familiar with- burglary, theft, pick pocketing and purse snatching.  The more »


2008 Securities Arbitration Filing Trends: Type of Controversy

FINRA released the final tallies for 2008 arbitration filings.  2008 witnessed marked change in trends regarding the type of controversy.  Filings citing “Omission of Facts” increased 337% from 2007 levels. Misrepresentation saw the second largest jump in filings with an increase of 171% over 2007.  In 2007, Misrepresentation was the 5th most frequently cited type of controversy and it jumped to more »