CLEAN : Shkreli ran his companies like a Ponzi scheme prosecutor

CLEAN : Shkreli ran his companies like a Ponzi scheme prosecutor

Assessment

Interactive Video

Business, Social Studies, Journalism

11th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses a financial investigation involving Kelly, who allegedly ran his companies like a Ponzi scheme. He used funds from new companies to pay off defrauded investors from previous ones. The investigation focuses on his management of these funds, with specific attention to his financial misconduct and attempts to conceal lies about investment returns. The transcript also mentions the Wu Tang Clan, though details about their involvement are unclear.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial topic mentioned before transitioning into financial misconduct?

A photographer's knowledge

A new investment strategy

The stock market trends

A legal case study

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Kelly manage his companies according to the discussion?

As a non-profit organization

Like a Ponzi scheme

Like a tech startup

As a legitimate business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason Kelly used funds from new companies?

To donate to charity

To expand his business

To pay off defrauded investors

To invest in new technologies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the focus of the investigation into Kelly's actions?

His personal life

His conduct as a fund manager

His marketing strategies

His political affiliations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was unclear about the funds raised for the Wu Tang clan?

The timeline of the fundraising

The purpose of the funds

The source of the funds

The amount raised