Posts

Showing posts with the label biggest

Biggest Ponzi Scheme Ever

Image
Known as a co-founder of EarthLink the internet service provider that. Scott Rothstein holds the distinction of orchestrating the biggest Ponzi scheme the state of Florida has ever seen and is currently serving a 50-year prison sentence for bilking investors out of. Bernard Madoff Ponzi Scheme Mastermind Dies At 82 Business And Economy News Al Jazeera A Ponzi scheme ˈ p ɒ n z i Italian. Biggest ponzi scheme ever . Sydney scammer Toni Iervasi is alleged to have fleeced 209 million from hundreds of mum and dad type investors while living a life of luxury in Australias biggest ever Ponzi scheme. Bernard Madoff ran the largest Ponzi scheme in history a 65 billion scam encompassing thousands of investors that was uncovered in 2008. Is it the biggest Ponzi Scheme ever. At the time the IRS called it one of the biggest Ponzi schemes it had ever investigated. The facts as we know them now are that Madoff spent decades building the biggest Ponzi scheme in history bilking nonprofits