Tiffin University Present Financial Information About Ponzi Scheme

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Tiffin University

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Please write 2 pages with at least 1 reference

Use 1 table to present financial information about Ponzi scheme .

please find the attached file for more details .

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insta of crnaing Colls Individual Paper 3 and Team Presentation 3: Persuasion Communications Topics Paper due on 4/17/19. Presentation (about 30 minutes, plus 5 minutes audience questions) on 4/24/19 1.) Xoble Team 1 members are accounting expert witnesses at a Ponzi scheme trial. Present to a Judge the story of three victims of an investment Ponzi scheme perpetrated by Nathan Parker. Describe in detail the design of the Ponzi scheme and its overall financial impact on the more than 100 total victims, many of whom lost their entire retirement savings. Mr. Parker first built a creditable reputation. Then he sought out vulnerable investors and guaranteed them high returns on their investments. However, no actual investments were made. Rather, Mr. Parker initially paid the promised “returns” from the invested funds in order to gain more investors to invest in the phony scheme. Mr. Parker also spent invested funds entrusted to him on a lavish lifestyle. Less than 20% of funds is left from total invested amounts of about $20 million. Empathize with the innocent victims in attempting to persuade the judge of a harsh penalty on Mr. Parker that will serve as a deterrent to other potential Ponzi scheme fraudsters. Use one or more tables to present financial information about the Ponzi scheme, frond
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Explanation & Answer

Attached.

Running head: PERSUASION COMMUNICATION

Persuasion communication
Name of student
Institutional affiliation
Date

1

PERSUASION COMMUNICATION

2
Introduction

The Ponzi scheme victims should seek advice from a qualified attorney who is well
versed in matters of investor rights (Páscoa & Seghir, 2009). If money is lost in a suspected or
confirmed Ponzi scheme, like the one being committed by Mr. Parker, it is important that they
consult with a lawyer who has specific experience in recovering the money of victims duped
through Ponzi scheme. In the below excerpt, the lawyer is trying to persuade the judge to impose
the harshest penalty to Nathan Parker.

Number of victims

100

Total amount invested by

$20 million

victims
Money spent on a lavish

$16 million

lifestyle (80% x $20 million)
by Mr. Parker
Money left from total

$4 million

investment (20% x $20
million)

Mr. Parker ...


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