Ponzi scheme – ElectroLund

March 13, 2009March 23, 2012

How Madoff did it? Cake futures.

So by now, everyone knows about Bernie Madoff, the most successful con man in history. His Ponzi ¹ scheme has left countless investors bankrupt as he stole about $65 billion dollars. Billion.

So just how in the world Madoff made off with all your money? He’s a child and so are we. Here’s the perfect analogy.

Continue reading “How Madoff did it? Cake futures.”

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