If You are smart like Madoff you can stay in nice jail like him forever

Good luck all


Bernie Madoff is presumably the most famous Ponzi schemer, other than Ponzi himself, operating the largest fraud in US history. Madoff stole $65 billion from investors and committed over 11 federal felonies. Madoff lived a flashy, luxurious life by most standards, but less so than, for example, Scott Rothstein. Madoff received the maximum sentence of 150 years in prison, which he is currently serving in Raleigh, North Carolina. Madoff ran a wealth management company in New York, which started as a legitimate business, but ultimately turned the entire business into one giant Ponzi scheme. His son, Mark, who worked with him, claimed not to be involved in the fraud, but committed suicide in December 2010. HBO is currently making a movie about Madoff based on the book, The Wizard of Lies.


Lesson ..........If you must and like take a lot , billions , and enjoy short time in freedom, Short , but sweet

Enjoy

Who invented Ponzi ? here is answer



Charles Ponzi was the man who started it all. In the 1920’s, Ponzi promised investors a whopping 50% return in 45 days, or 100% in 90 days on of all things, international postal coupons, which he never actually purchased. He earned $15 million and became a millionaire in only six months. When Ponzi was caught one year later, investors received a mere $5 million back. He was charged with 86 counts of mail fraud and sentenced to 5 years. During his time in federal prison, he was prosecuted again in Massachusetts, but Ponzi claimed double jeopardy and his case went to the Supreme Court. He was then sentenced to seven to nine years in state prison. After Ponzi was released, he launched another scheme, where he sold real estate that was literally underwater. Not surprisingly, the namesake schemer was jailed yet again, and ultimately died penniless in Brazil, working as a translator.

Biggest ponzi scam in the future ? Here is the answer


tasman1 , currently selling New York for 250 billion dollars
Think he will finish in jail for 500 years

Biggest Ponzi scheme ever? And it's perfectly legal, in fact it's sanctioned by the US Government.

Social Security.

Charles from trafficmoonsoon

He is the one blame ruined traffic exchange and Clixsense lost their PayPal.