Tags » Ponzi

Tencent co-founder brands LeEco a ‘Ponzi scheme’

(Source: www.scmp.com)

Embattled Chinese internet conglomerate LeEco has been branded a “Ponzi scheme” in an online comment made and endorsed by some of the country’s leading lights in technology. 731 more words

Million

How to Disappear Or Not

CHAPTER TWENTY-TWO – How to Disappear from Big Brother

Marc Stuart Dreier was a lawyer and in 2009 he was arrested for a litany of fraud charges. 438 more words

"Wanted: A Monster Billionaire Romance" by Jani Kay & Normandie Alleman ★★1/2

Audio narration by Jessica Almasy & Jeremy York

Foster Cruise has just served five years in prison for his (unintentional) involvement in a Ponzi scheme. It was a highly publicized case and he is reviled all over the East Coast. 427 more words

Fiction

Will Bitcoin crash and resurrect?

NOT BITCOIN but better.

One use of Bitcoin is for anonymous transactions, i.e., as a substitute for ordinary cash or bank notes.

The problem is that the currently available bitcoins fluctuate in value. 674 more words

Economics

FROM IDEOLOGY TO OPPORTUNITIES: NIGERIANS WILL MURDER MMM (Published on TuckMagazine Online, Dec. 7, 2016)

“The whole financial world is a pyramid!”

MMM, Nigeria

In the beginning was an idea. The idea grew and blew into a system of ideas until finally; the world became governed by ideologies. 1,309 more words

Article

How Much Should You Expect To Earn From Investing?

(Source: www.fool.sg)

Recently, there was a report about a Ponzi scheme operator losing about US$400 million of investors? money. The operator had promised a return of 20% a month to its investors. 482 more words

Money Matters