INTENTIONS, EXPECTATIONS, BENEFITS, AND EFFECTS OF INVESTING IN PONZI SCHEME

Abstract

Abstract

This mixed-method research aimed to determine the intentions, expectations, benefits, and effects of investing in Ponzi scheme scam in the Province of Capiz in the year 2022. The participants of this study were ninety-seven (97) investors in a Ponzi scheme. Data in this study were collected using the researcher-made intentions of investing in Ponzi scheme questionnaire, expectations of investing in Ponzi scheme questionnaire, benefits of investing in Ponzi scheme questionnaire, and effects on investing in Ponzi scheme questionnaire and the use of focus group discussion guides. The independent variables of the study were intentions, expectations, and benefits while the dependent variable was effects of investing in Ponzi scheme. The statistical tools used in the study were frequency count, percentage, mean, standard deviation, Analysis of Variance (ANOVA), and Pearson r. All inferential tests were set at 0 .05 alpha level. The findings of the study revealed that generally the level of intentions of investing was moderate. The motivation, decision-making, and investment behaviors of the investors were moderate. In its entirety, the level of expectations of investing was moderate. The rational, explicit, and adaptive expectations of the investors were moderate. The level of benefits of investing was moderate. The actual and perceived benefits of investors were moderate. The level of effects of investing was moderate. The behavioral, financial, health, and emotional effects were moderate. There was a significant difference in the effects of investment based on the intentions of the investors in favor of the high reasons to invest. However, there was no significant difference in the effects of investment based on the expectations of the investors. Moreover, there was a significant difference in the effects of investment based on the benefits in favor of the very high profit from investment. There was a positive, strong association, and significant relationship between intentions and effects of investing. There was also a positive, moderate association, and significant relationship between expectations and effects of investing. Moreover, there was a positive, strong association, and significant relationship between the benefits and effects of investing.