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Community | January 26, 2009 | 3 comments

Madoff: New victims, old scam

source: http://www.news42day.com/2009/01/madoff-new-victims-old-scam/

KevinFederline
added this

Ponzi schemes are one of the oldest investment frauds, yet as the Bernard Madoff scandal demonstrates, their appeal never wanes. How do they work?

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News, US, Business, Scams, Madoff, Ponzi 2 more
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3 comments // Madoff: New victims, old scam

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- 0
  
  uptop
- So, I just started making so much money buying and selling belly button lint (its the new silk!), invest with me and I will triple your money in 30 days!
  
  send payments to:
  
  The new silk
  P.O. Box 782537
  Somewhere in Zimbabwe
- 3 years ago
  - flag
  reply
- 0
  
  pjacobs51
- That is an old scam, back from the 1700s. Takes a licking but keeps on ticking.
- 3 years ago
  - flag
  reply
- Zachilles
- This comment was removed as a violation of community guidelines.
- 0
  
  keithponder
- Zachilles:
  WHOA,WHOA.WHOA DUDE!!!
- 3 years ago
  - flag
  reply
- 0
  
  Iulian
- old scams are always fun to exploit :D
- 3 years ago
  - flag
  reply

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