Scamraiders

Featured Blog Posts – September 2009 Archive (1)

Free Lunch? Visit Mom, Not the Stock Exchange!

Investment scams have been around a long time. Bernie Madoff might have been caught red-handed orchestrating the largest known Ponzi scheme in history at an estimated 64.8 billion dollars stolen, but he wasn’t doing anything new. Charles Ponzi, the schemes namesake, was arrested in 1920 for bilking investors out of millions, and he was likely inspired by Brooklyn bookkeeper William F. Miller who used the scheme to collect a cool million in 1899.



Business Week… Continue

Added by Scamraider on September 29, 2009 at 11:08am — No Comments


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