Across
- 2. pressure; rush of withdrawals that exposes the fraud
- 4. fund; inevitable result once new investments dry up
- 6. individual alerting authorities to suspicious activity
- 8. diligence; proper vetting that many investors skipped
- 9. statements; falsified documents showing fake gains
- 11. of cards; metaphor for a fragile, unsustainable scheme
- 12. fraud; targeting victims within trusted communities
- 14. orchestrator of the largest Ponzi scheme in history
- 15. investigation; regulatory inquiries that failed to catch the fraud early
Down
- 1. losses; billions wiped out when the fraud was revealed
- 3. secretly redirecting investor funds for personal use
- 5. falsely promised profits to lure investors
- 7. attempts to recover funds and compensate victims
- 10. scheme; fraudulent investment paying old investors with new investors’ money
- 13. funds; firms that unknowingly funneled money into the scheme