At a recent well-known international conference on financial frauds attended by top professionals from major insolvency firms throughout the United States, Europe and the Caribbean, a timeless question came up: "Why do investors become victims of Ponzi schemes?" The audience members, including attorneys, accountants, consultants and federal regulators, chuckled and nodded at the answer a panelist provided: "Investor greed." My experience, however, has proved this answer is wrong, borne out of ignorance and a disservice to victims of financial crimes, law enforcement and others seeking to right the wrongs of fraudsters.