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The Ponzi Scheme That Suckered San Diego

The Ponzi Scheme That Suckered San Diego

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Gina Champion-Cain, a charismatic businesswoman in San Diego, was involved in a Ponzi scheme that defrauded investors of nearly $400 million. Her ventures in real estate and hospitality masked the fraudulent activities, which were eventually uncovered by due diligence. Despite her strong standing in the business community, Gina was sentenced to 15 years in prison. The case highlights the importance of financial scrutiny and the impact of trust in business relationships.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of the SEC investigation into Gina's business practices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the consequences of Gina's actions for her investors?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Gina Champion Cain maintain her relationships in the business community?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the impact of Gina Champion Cain's fraud on her personal relationships.

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