Ponzi Schemes: Because Who Needs Integrity, Anyway?

In the immortal words of the great Ponzi himself: "If it sounds too good to be true, it probably is."

Learn about the Tower of Babel, the Ponzi Scheme's evil cousin

Here's an example of a Ponzi scheme in action:

  • Step 1: Gather a group of gullible investors
  • Step 2: Create a convincing presentation with fake returns
  • Step 3: Pay off early investors with other people's money
  • Step 4: Declare bankruptcy, blame the "system" and move to a villa in the Swiss Alps