Tag: ponzi scheme

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  • The 10 Nastiest Ponzi Schemes Ever

    This is a blog post by Drea Knufken. Bernard Madoff pulled a shocker last week by revealing that his exclusive investment securities firm was actually the biggest Ponzi scheme in the history of mankind. As the impact of Madoff’s decades-long crime reverberates around the world, it invokes memories of past Ponzi masters, who laid the […]

  • 3 Thoughts on the Madoff Fraud

    Here’s a recap of the Madoff case, from the Wall Street Journal: Bernard L. Madoff, a former chairman of the Nasdaq Stock Market and a force in Wall Street trading for nearly 50 years, was arrested by federal agents Thursday, a day after his sons turned him in for running what they said their father […]