RSSPonzi Scheme
Results 1-3 of 3 for Ponzi Scheme on 23/6
From The Room: If You Are Going to Embezzle Billions of Dollars, at Least Do Something Cool with It
January 8, 2009 - The United States is still reeling from the news of Bernie Madoff's $50 billion ponzi scheme. A lot of people are furious over the loss of all this money, but I think their anger is misdirected. It appears that while Madoff splurged on jets and fancy hotel rooms, it...
From The Room: Investors Lose Shirts, Jackets in $50bn Fonzi Scheme
December 16, 2008 - Arthur Fonzarelli was indicted today by federal prosecutors for bilking investors out of more than $50 billion worth of leather jackets in a classic Fonzi scheme. Whistle blower Matsumoto "Arnold" Takahashi stated that Fonzarelli had been using his diner as a front to house the jackets. Takahashi...Filed under: Bernard Madoff, Bernie Madoff, Bernie Madoff Scam, Madoff Scam, Ponzi Scheme, Happy Days, Arthur Fonzarelli, Fonzi, The Fonz
Why grandma OD'ed on Boniva: the Bernard Madoff Ponzi scheme
December 15, 2008 - On Thursday morning, trader Bernard Madoff was arrested by U.S. government agents and charged with running a multi-billion-dollar fraud scheme that may be the biggest swindle in Wall Street history. Investigators say Madoff's investment firm was simply running a gigantic Ponzi scheme, the collapse o...
