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Business, 08.10.2019 18:10 dhruvi62

Heidi decided to make extra money by offering to do investments for her friends for a fee. she actually did no investing, but used the fundsfrom new friends to pay off earlier enrollees. this worked well for a while, but her scheme came to light when her supply of new friends came to an end. she is guilty of which of the following practices? a. operating a ponzi scheme b. operating a bait and switch scheme c. account kiting d. pretexting e. defalcation

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