Experts at Rutgers University in Newark Can Comment on Issues Relating to Ponzi Schemes

(Newark, NJ) — Financier Bernard L. Madoff 's recent indictment for allegedly masterminding the world’s largest Ponzi scheme could result in losses totaling $50 billion. The following experts at Rutgers University in Newark are available to comment on a variety of issues arising from fraudulent schemes in general and Madoff’s alleged nefarious activities specifically.

ISSUES: PSYCHOLOGY OF PERPETRATORS AND VICTIMS

Expert:  ADAM GRAYCAR, dean and professor, criminal justice, can comment on the typical profile of individuals who perpetrate fraud as well as those who fall prey to fraudulent schemes. Contact: office 973-353-3311, x3309 or e-mail graycar@rutgers.edu

ISSUES: OVERALL U.S. ECONOMY

Expert: FARROKH K. LANGDANA, professor of finance and economics, is director of the Rutgers Executive MBA Program. He is available to comment on a wide range of economic issues including the impact Ponzi schemes have on the general health of the U.S. economy. Contact: 973-353-5620 (office) or langdana@rutgers.edu

ISSUES: MARKET REGULATION AND PUBLIC DISCLOSURE

Expert:  DAN WEAVER, associate professor of finance and economics, can discuss issues relating to stock market regulation and oversight as well as public disclosure. Contact: office 732-445-5644 or e-mail daniel_weaver@business.rutgers.edu