Author(s)

Zhaoyang Ji

Corresponding Author

Zhaoyang Ji

Abstract

Ponzi schemes often cause huge losses to investors and result in serious social impacts. This paper analyzes the behavior of organizers (fraudsters) and investors in Ponzi scheme from an information perspective. A Ponzi scheme is a process in which investors receive various kinds of information from organizers and then respond to it. The behavior of organizers is mainly trust creation, and the behavior of investors is primarily information processing and the subsequent decision-making and actions.

Keywords

Ponzi scheme, Behavior, Information, Risk, Return