Money Matters, Online: Pyramid Schemes

Date and Time
Tuesday, January 7, 2025, 12 - 1:30 PM
End times are approximate. Events may end early or late.

Location

ONLINE - Details will be emailed upon registration
Thomas Yoseloff Business Center at SNFL
Event Details

**This event will be online only**

 

All pyramid schemes eventually collapse, and most investors lose their money. A pyramid scheme is an investment fraud in which new participants’ fees are typically used to pay money to existing participants for recruiting new members. Pyramid scheme organizers may pitch the scheme as a business opportunity such as a multi-level marketing (MLM) program. Fraudsters frequently use social media, Internet advertising, company websites, group presentations, conference calls, and YouTube videos to promote a pyramid scheme. Matthew Y. Chan,Senior Securities Compliance Examiner at the U.S. Securities and Exchange Commission (SEC) discusses how to protect yourself and your money by steering clear of any “opportunity” bearing warning signs of a pyramid scheme.

 

Click here to Register

 

About The Presenter:

 

Matthew Y. Chan

Matthew Y. Chan is a Senior Securities Compliance Examiner at the U.S. Securities and Exchange Commission (“SEC”). He has been with the SEC for 11 years. Prior to the SEC, he was a Senior Auditor at the New York Stock Exchange. He has an MBA from the Zicklin School of Business at Baruch College.

 

 

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Assistive Listening and ASL
ASL interpretation and real-time (CART) captioning available upon request. Please submit your request at least two weeks in advance by emailing accessibility@nypl.org.