Chris Fick & Associates

Don’t fall victim to a Ponzi scheme in 2021!

2021 could well be a bumper year for Ponzi schemes (and their equally evil cousins, pyramid schemes). They flourish in all countries and at all times, but with our pandemic-related economic woes and general disruption we will no doubt provide the scamsters with particularly fertile ground this year. And these schemes just never go away. […]

PIRAMIDESKEMAS: SELFS DIE EERSTES MOET OPDOK

“As dit te goed klink om waar te wees, is dit waarskynlik die geval.” Piramideskemas weereens in die nuus. Ons hoor dikwels van ‘n nuwe groep mense wat vir nog ‘n piramideskema geval het. Dit is nie net desperate pensioenarisse of lae-loontrekkers wat om die bos gelei word nie. Selfs ervare sakemense en kundige beleggers […]

PYRAMID SCHEMES: EASY TO FALL FOR, AND EVEN EARLY BIRDS LOSE THE WORM

“If it sounds too good to be true, it probably is” (wise old adage) Pyramid schemes are in the news again. They are easy to fall for, with not only desperate pensioners and low-wage earners but also Captains of Industry and many otherwise-savvy investors regularly tricked into “investing” in them.  The reason of course is […]