Author: Brooks A. Mick

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December 21, 2008

The Great Ponzi

Filed under: Economics,In The News - 21 Dec 2008

The news is full of the term “Ponzi Scheme” in the past weeks as the Madoff investment plans collapse. Charles Ponzi conned hundreds of investors out of millions of dollars in 1921 by promising 40% return on investment in …

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