People are Calling Bernard Madoff the Biggest Ponzi Schemer ever
January 18th, 2009
So… I know there are 1000′s and 1000′s of people who seem to hate this Bernard Madoff character for taking what some estimate as over $50 Billion dollars in an Ponzi Scheme.
So, what I propose is, we take the name Ponzi Scheme, and we rename it and give the “honor” of it’s title to Madoff.
No longer will I refer to biz opp scams that we taking money from the bottom to pay out ‘profits at the top’ a Ponzi or a pyramid scheme.
I will now call them a Madoff Scheme.
After all, the dude… Charles Ponzi, who was the first to get nailed for this type of scam only swindled his people outa $15 million back in the 1920′s.
Madoff alledgedly swindoled $50 Billion or more some say.
So, let’s all start calling it a Madoff Scheme!
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