Ponzi and Madoff, the name of the world most famous people and even in the history..one is the teacher and one is the prominent student that the teacher would never know...
the brilliant of the rich and the poor..
Ponzi with the poor and Madoff with the rich..
what they do?
they swindle the money out of them..
when they swindle,the money taken is huge, i mean huge as a buying a country with cash
Ponzi start first 1919 with the Ponzi scheme (never ending scheme)
Starting from just manipulation of a simple international reply coupon, he made $7million(70million today). Even he buys interest in Bank
While Madoff in 2008, the most brilliant, he sees the Ponzi as his mentor, manipulate the stock market and earned $65billion. even you measure the length of the total money, you can cover a diameter of the earth
the scheme start with gaining friends and family money by giving them confidence in high return of money. giving trust on fast multiplicity of money. then it start with searching for the investors who wants a quick cash in the time of recession and great depression.
with the "help" of two independent whistle-blower, they been cought on their acts..
people who want back their money never get paid back again..
AND THAT IS SHIT LIFE YOU EVER KNOW OF, EMBRACE IT PEOPLE!.
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