(1) Stock Frauds: what went wrong? Penny stocks, also known as micro-cap stocks, nano-cap stocks, small cap stocks, or OTC stocks, are common shares of small public companies that initially trade at low prices per share. It is also a term for inexpensive stocks that subsequently become highly lucrative holdings. However, sometimes, it is too good to be true if some tend to manipulate the market. Watch the following You tube video and write a 2-page paper describing who involved, what sort of issues involved, what they would have done differently to prevent the issues in the first place, what is pump and dump strategy, what SEC actions were, and what you learn from this video. you tube.com/watch?v=4PIHI--96F8

(2) Ponzi-Scheme Ponzi Scheme is known as one of best examples of breach of public trust. Watch the following You tube video and write a 2-page paper describing what sort of principal-agent relationship exist in the Ponzi scheme, how the Ponzi scheme works, and what it does to the firm, investors, financial market/public, what SEC actions were, and what you learn from this video you tube.com/watch?v=AO4CIPuaTJ4