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“It’s not a car company, it’s a Ponzi scheme,” she stated. Trending: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its ...
A Ponzi scheme must keep signing up more and more investors to pay off earlier members, but sooner or later, getting large numbers of new investors becomes impossible. In Ponzi’s case ...
Elon Musk was recorded in a podcast saying that Social Security “is the biggest Ponzi scheme of all time,” (“Elon Musk turns focus on Social Security, calls it ‘biggest Ponzi scheme of all ...
In a Ponzi scheme, investors, unwittingly, are paid from new investors, since the initial investors’ money was stolen. When there are no more new investors, withdrawals cease, and investors lose ...
Three former investment advisers who encouraged clients to put more than $62 million into a Marietta man’s alleged $110 million Ponzi scheme have been ordered by a federal judge in Atlanta to ...
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