Essays on Barbuda

What is a 'Ponzi Scheme', how it Works and How does it Collapse?

A Ponzi scheme represents a fraudulent investment trick where the promoter pays return on investment to previous investors from the money invested by new investors instead of the money earned through profit or gain. Customers are promised to receive higher investment returns, compared to market averages, with no risk at all since they will be paid from the money provided by new clients. This investment scam requires an ample flow of clientele for powering the whole fraudulent system. A Ponzi scheme comes into existence when the promoter is able to cllect initial investment funds from a person. This scheme ...

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Introduction

I am a student, a wife, a sister, and a daughter. Currently, I take on many roles, but being where I am now is not without many struggles and challenges. Growing up, I faced several difficulties which helped me develop and grow as a person. Right now, I intend to be my best here at the University of Maryland University College or UMUC. I started taking my first semester at UMUC as an undergraduate in the year 2002. I was stationed at Misawa Japan during that time as part of my service in the military, and through ...

Jamaica Kincaid, an Antiguan-American novelist, wrote the short story under consideration. It presents one paragraph, which is really a flow of advice the mother gives to her daughter. The pieces of advice are separated with either semicolons or commas, while stops are completely absent. The end of the text is left open as it finishes with a question mark. Interestingly, the long list of the mother’s advice is interrupted twice with her daughter’s remarks highlighted by italics. Overall, the text produces quite an unusual effect due to the extraordinary punctuation. Therefore, the list of advice, the main ...