About investing and seem to be more trusting of their firm

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Having some clients who are less knowledgeable about investing and seem to be more trusting of their firm, the management of a financial advising organization has decided to use cash from newer investors to pay off older ones. The actions of management are an example of ____. 1.a code of conduct 2.a Ponzi scheme 3.a business plan 4.insider trading 5.a JIT system

Reference no: EM131144985

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