Based on the information presented in the true story of Anatomy of Fraud - Catching a Con in Pottawatomie County, write two paragraph minimum (3-5 sentence per paragraph) argument for why the lion share of the blame should fall on one of the following:

Federal Regulators (i.e. Securities and Exchange Commission, Congress)

Perpetrator(s) of the Fraud

Investors / "Victims"

Select one of the above and discuss at least two points (reasons) why your position is the best conclusion. For example, you could argue that "...investors have a responsibility to invest cautiously but failed to do so because of greed. They wanted to believe that unusually high returns were possible so they ignored the obvious risks."

Consider how you would frame your argument for the blame to be placed on one of the following:

1) the lack of proper government oversight and regulations/laws to prevent investment fraud;

2) the criminal behavior of the individuals who committed the fraud;

3) the lack of due diligence on the part of investors. Were they also guilty of greed?