Who was Ponzi -- what the heck was his scheme?
c says,
Exactly what I was wondering after hearing about the 50-billion-dollar-Madoff debacle!
Article excerpt from cnn.com —
"(Mental Floss) -- Investigators are trying to figure out whether the financial Fraud allegedly perpetrated by Bernard L. Madoff was, in fact, the largest Ponzi scheme in history. The alleged scam, which cost investors $50 billion, sounds like a classic Ponzi racket.
The New York home of Bernard Madoff, who's accused in a $50 billion...
Read the full article at cnn.com »
Read the full article at cnn.com »
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Anonymous
Tagged:
Confidence Trick
,
Deception
,
International Reply Coupon
,
Fraud
,
Charles Ponzi
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c monstir
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