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In the late 1990s and early 2000s a wave of Ponzi schemes swept through Papua New Guinea, Australia, and the Solomon Islands. The most notorious scheme, U-Vistract, attracted many thousands of investors, enticing them with promises of 100 percent interest to be paid monthly. Its founder, Noah Musingku, was a charismatic leader who promoted the scheme as a form of Christian

Title : Fast Money Schemes: Hope and Deception in Papua New Guinea
Author : John Cox
Language : en
Rating :
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Type : PDF, ePub, Kindle
Uploaded : Apr 04, 2021

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