He earned a small town's trust. He owed $95 million in what authorities say was a Ponzi scheme
apnews.com
A businessman from upstate New York is accused of preying on his neighbors in a massive Ponzi scheme.
  • marsza@lemmy.cafeEnglish
    10·
    19 days ago

    8% no matter what the market says?! Wow, that sounds too good to be… oh.

  • quetzaldilla@lemmy.worldEnglish
    3·
    19 days ago

    “The Polka King” (2017) is a great movie about Jan Lewandowsky, who also ran a ponzi scheme that defrauded millions of dollars.

    Highly recommend for anyone who is curious how ponzi schemers operate.