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Beware of the Ponzi

Beware of the Ponzi

6 Years ago | June 11, 2014 00:00:00

It is hard to believe that after the Bernie Madoff mega Ponzi scheme collapsed that there are still investors falling victim to similar scams. Since that time I have seen this investor nightmare repeated many times and in most cases, it was the lure of outsized gains that blinded the need for due diligence. Whatever the case, here is another scam that should put investors on alert.

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