'ponzi scheme' Tagged Posts
Affinity Fraud
Wall Street maven Bernard Madoff’s 50 billion dollar Ponzi scheme, the largest in history (excluding the Social Security system), has generated a spate of sensational headlines. “Scope of Alleged Fraud Still Being Assessed,” “Madoff Ran Vast Options Game,” “Spielburg and Katzenburg Get Hit,” “Impact on Jewish Charities is Catastraphic.” A Ponzi scheme, named for Charles…