by admin | Mar 3, 2015 | Scam of the day, Site Related
Had he not died in 1949, today would have been Charles Ponzi’s 133rd birthday. Scam artists around the world should probably honor the man who perfected the scheme that bears his name that has been used by many scam artists, the only criminals we refer to as...
by Steven Weisman, Esq. | Mar 3, 2014 | Scam of the day, Site Related
Happy birthday to Charles Ponzi, the man credited with being the first to exploit the simple scam that has come to be known as a Ponzi scheme. Ponzi was born in 1882 which means had he not died in 1949, he would have been 132 years old today. To put this in...
by Steven Weisman, Esq. | Jun 15, 2012 | Scam of the day, Site Related
Yesterday, R. Allen Stanford, the primary figure of the Stanford Financial Group was convicted of running a Ponzi scheme by which he stole 7 billion dollars through his Stanford International Bank based in Antigua. He was sentenced to 110 years which sounds like a...
