1. What are some characteristics of a ponzi scheme? Why is it called a Ponzi Scheme? 2. Was this situation a Ponzi Scheme? Use the internet to learn more about other Ponzi Schemes. is this like Bernie Madoffs scheme? 3. Was there any improper Professional conduct involved in this case study? 4. If you were the expert witness for the defendant, what would be your arguments? 5. What should happen to the SEC accountant and Plaintiffs expert witness?