“Black Swan” author Nassim Nicholas Taleb on Friday criticized bitcoin as a “gimmick,” telling CNBC he believes it’s too volatile to be an effective currency and…
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Category: Ponzi Scheme
D-List Actor Accused Of Grade-A Ponzi Scheme
In 2013, Zach Avery’s acting career was starting to pick up. After appearing in a succession of short films and a couple of features that…
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IU alumnus arrested for $690 million Ponzi scheme
IU alumnus Zachary Horwitz was arrested on April 6 and is accused of orchestrating over a $690 million Ponzi scheme violating federal SEC laws, according…
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Bernie Madoff, dead at 82, still holds a Ponzi scheme record — Quartz
Bernie Madoff, the orchestrator of the largest Ponzi scheme in history, died today (April 14) at age 82 in North Carolina, at the Federal Medical…
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A Bigger Risk Than GameStop? Beware the Ponzi Scheme Next Door
The GameStop stock saga — with its element of David versus Goliath, not to mention its head-turning price gains followed by stomach-churning drops — may…
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Why Is Utah Home To So Many Ponzi Schemes?
Doug Hronek was driving home to Heber City through Provo Canyon about five years ago when he tuned his car radio to a conversation about…
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